ECB Press Conference - 5 June 2014

3,007 views · Published 5 June 2014 · 1:03:28 · Indexed 4 November 2026

Channel: European Central Bank · 2014 · News & Politics

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At the meeting on 5 June 2014, the Governing Council of the ECB took the following monetary policy decisions:

The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.15%, starting from the operation to be settled on 11 June 2014.

The interest rate on the marginal lending facility will be decreased by 35 basis points to 0.40%, with effect from 11 June 2014. 

The interest rate on the deposit facility will be decreased by 10 basis points to -0.10%, with effect from 11 June 2014. A separate press release to be published at 3.30 p.m. CET today will provide details on the implementation of the negative deposit facility rate.

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