The base interest rate in the euro area remains zero
The Governing Council of the ECB on the results of the last meeting had decided not to make changes to the zero value of the base rate valid in the European Union. Information about this announced by representatives of the regulator.
Remained stable and the other bets. Recall that the value of the margin rate in the EU is 0.25% and the deposit rate has the value 0.4%.
In the explanation to the decision taken is noted that the ECB expect to maintain current trends in the long run. At the same time the ministry decided until the end of the year to limit the size of the monthly purchase of assets by 25%. If before this limit is € 80 billion, but now it has decreased to 20 billion.
The decision to introduce zero rate was made more than a year ago, and to reduce it for this accounted for only 0.05%. Experts point out that one of the negative trends in the economy of the European Union acts as the minimum amount of inflation, which is expected to disperse, including due to the size of the negative interest rates on deposits.
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