Euro area: ECB keeps rates unchanged at record low in December

At its 5 December meeting, the European Central Bank (ECB) kept the refinancing rate unchanged at the record low of 0.25%, a decision the market had expected. Monetary authorities reiterated the forward guidance adopted in the previous meeting, stating that the refinancing rate will remain, “at present or lower levels for an extended period of time.”

Read more about European Monetary Policy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s