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