Good news for debt holders: the ECB has not changed historically low interest rates Business



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The members of the Executive Board confirmed that interest rates would remain at record levels at least by the end of the summer of 2019.

The key refinancing rate reached, as before, a level of 0% record, while the interest rate The interest rate on the deposit facility, as before, is minus 0.4%, which means that banks have to pay their deposits to the ECB.

An absolute majority of badysts predicted that the eurozone's central bank will not change its monetary policy during the July meeting, as the Board of Governors said last month that the monthly purchases from the Eurozone are expected to change. bonds would be reduced by 30 billion euros compared to October. up to 15 billion The program will be completed by the end of the year

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