The European Central Bank decided
that the interest rate on the main refinancing operations will remain unchanged
at 0.00%.
The Governing Council also left the interest
rates on the marginal lending facility at 0.25% and the deposit facility at
-0.40%.
Regarding non-standard monetary policy
measures, on 8 June the Eurosystem will start making purchases under its
corporate sector purchase programme (CSPP). Moreover, starting on 22 June, it
will conduct the first operation in its new series of targeted longer-term
refinancing operations (TLTRO).
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