ECB maintains stimulus program, keeps interest rates unchanged amid COVID-19 uncertainties
By : Arirang News
Published On: 2020-07-17
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ECB, 금리•팬데믹 자산매입 유지…"모든 수단 준비"
The European Central Bank is maintaining its emergency coronavirus-related bond-buying program at the current level and leaving interest rates unchanged.
In a statement Thursday, the ECB said the interest rate will remain zero percent,... and the marginal lending facility and deposit facility will stay at point-2-5 percent and half-a-percent respectively.
It expects to maintain or lower the interest rates until it sees an inflation outlook of two percent.
ECB President Christine Lagarde said early signs of a recovery are uneven and the outlook is "highly uncertain."
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