European Central Bank lowers interest rates

At today’s meeting the Governing Council of the ECB decided that the interest rate on the deposit facility will be decreased by 10 basis points to -0.30%, with effect from 9 December 2015.

The interest rate on the main refinancing operations and the interest rate on the marginal lending facility will remain unchanged at 0.05% and 0.30% respectively.

• Introductory statement to the press conference by Mario Draghi
• Key ECB interest rates
• More information on monetary policy

Compliments of the European Central Bank