ECB Hold Rates; Open to Further Stimulus

ECB Hold Rates; Open to Further Stimulus

The European Central Bank kept rates on hold during Mr. Draghi’s final meeting on October 24th with the main refinancing rate remaining at 0 and the deposit rate at -0.5 percent.

The bank said it expects key interest rates to remain at their present or lower levels until inflation moves towards close to, but below, 2% within its projection horizon.


Interest rates

Country Rate Value
USA Federal Funds 0,25 %
Switzerland 3 Month LIBOR Range -0.75 %
United Kingdom Repo Rate 0,10 %
EU Refinancing Tender 0,00 %
Japan Overnight Call Rate -0,10 %
New Zealand Official Cash Rate 0,25 %
Australia Cash Rate 0,25 %
Canada Overnight Rate Target 0,25 %
All rates
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