ECB keeps main refinancing rate unchanged at 0.00% as widely expected. Marginal lending facility rate and deposit rate are held at 0.25% and -0.50% respectively too.
Forward guidance is maintained that “The Governing Council expects the key ECB interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within its projection horizon, and such convergence has been consistently reflected in underlying inflation dynamics.”
