The European Central Bank, following the results of the meeting on Thursday, as it was expected, left the benchmark interest rate on loans at zero level. The deposit rate is maintained at minus 0.4%, the rate for margin loans is at the level of 0.25%. In a statement, the bank said: “The ECB Governing Council expects that key rates will remain at the same level until at least the end of summer 2019, and as long as there is a need to be convinced of continuing consequential inflation at a lower level but close to 2% in medium term.
NZ central bank to retain rates, dovish view on virus-driven turbulence16.06.2020
Bank of Japan holds rates steady, expands lending packages to $1 trillion to aid struggling firms11.06.2020
Gold rises amid lower interest rates and gloomy U.S. recovery predictions05.06.2020
Euro firm, dollar weak as ECB expands stimulus