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21:16, 26-Oct-2017
ECB keeps eurozone interest rate at zero
CGTN
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The European Central Bank (ECB) decided on Thursday that the Eurozone base
interest rate will remain at 0.00 percent. The marginal lending rate and
deposit rate remain at 0.25 percent and minus 0.40 percent respectively,
according to the bank.
Regarding non-standard monetary policy measures,
purchases under the asset purchase program (APP) will continue at the current
monthly pace of 60 billion euros until the end of December 2017.
From
January 2018 the net asset purchases are intended to continue at a monthly pace
of 30 billion euros until the end of September 2018, or beyond.
Source(s): Xinhua News Agency
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Copyright © 2018 CGTN. Beijing ICP prepared NO.16065310-3
Copyright © 2018 CGTN. Beijing ICP prepared NO.16065310-3