ECB Key Interest Rate Remains Unchanged at 0%
Frankfurt | 14th December 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 “
Regarding non-standard monetary policy measures, the Governing Council confirms that from January 2018 it intends to continue to make net asset purchases under the asset purchase programme (APP), at a monthly pace of €30 billion, until the end of September 2018.
Official Press Release by European Central Bank
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