ECB Key Interest Rate Remains Unchanged at 0%
Frankfurt | 26th October 2017
European Central Bank kept interest rate unchanged at 0%, with the Governing Council expecting the key ECB interest rates to remain at their present levels for an extended period of time.
” ECB MAINTAINs INTEREST RATE AT 0%, NET ASSET PURCHASE OF €60 BILLION MONTHLY “
The non-standard monetary policy measures of the net asset purchases will continue at the current monthly pace of €60 billion, and to run until the end of December 2017. From January 2018 the net asset purchases are intended to continue at a monthly pace of €30 billion until the end of September 2018, or beyond, if necessary,
Official Press Release by European Central Bank