(ANSA) - ROME, JULY 22 - The European Central Bank leaves interest rates firm as expected: the principal rate remains at zero, the deposit rate at -0.50% and the marginal loan rate at 0.25 %. This was announced by the ECB after the monetary policy meeting. And the institute confirms the "very accommodative" stance of its monetary policy. "The Governing Council today revised its forward guidance on interest rates" and underlines "its commitment to maintain a consistently accommodative monetary policy stance to achieve its inflation target". Rates "will remain current or lower levels until inflation reaches two per cent well before the end of its projection horizon and sustainably for the rest of the year.projection horizon "(ANSA).
ECB: rates firm, monetary policy remains accommodative
2021-07-22T12:15:24.934Z
The European Central Bank leaves interest rates firm as expected: the main rate remains at zero, the deposit rate at -0.50% and the marginal loan rate at 0.25%. This was announced by the ECB after the monetary policy meeting. (HANDLE)