: ECB leaves interest rate zero on loans :: Monitor.bg



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The European Central Bank (ECB) maintained its key rate on zero rate loans, Reuters reported. Interest rates on deposits also remained unchanged at a level of minus 0.4 percent and the rate on the additional loan rate was 0.25 percent. The institute pointed out that interest rates will remain low next year, although the US Federal Reserve (FFD) is expected to raise rates in the coming months

It is expected that rates will remain in force in the autumn of next year, the ECB also announced that it would reduce monthly purchases of bonds from 30 to 15 billion euros. October to October, December, when the program must finish.
The end of the plan will have a Shi An increase in the yield of "secure" badets such as bonds and savings accounts can increase the attractiveness of these investments for equity and modify investors' perceptions of the risks of an extended bull market.

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