ECB Interest Rate Decision . Expansionary policy would involve cutting this rate further or buying more long-dated bonds, known as quantitative easing (QE). This is one of the most important macroeconomic events in the eurozone, which can affect the euro quotes. Likewise, if the ECB has a dovish view on the European economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish. The six members of the European Central Bank (ECB) Executive Board and the 16 governors of the euro area central banks vote on where to set the rate. Minimum bid rate. The interest rate applied before 24 June 2021 will remain the rate established in accordance with the Decision of 30 April 2020 (ECB/2020/25). Head of Market Analysis Anthony Cheung delivers a live session covering the highly anticipated European Central Bank meeting Like and Subscribe for … On the other side of the Atlantic, ECB is to announce its interest rate decision today at 11:45 (GMT) and is widely expected (probability of 97.28% according to EUR OIS) to remain on hold at 0.00%. ECB Interest Rate Decision. Currently, EUR OIS imply a probability for ECB … 5 mins ECB Meeting: Lagarde speech live stream – December 10 FXStreet 5 mins European Monetary Union ECB Deposit Rate Decision in line with forecasts (-0.5%) FXStreet 6 mins Breaking: ECB leaves rates unchanged, expands PEPP by €500 billion to end-March 2022 FXStreet The ECB may be today’s main event, but emerging market investors will also be closely watching an interest rate decision in Turkey, writes Laura Pitel. ECB Interest Rate Decision, DAX 30 Index, Italian-German Yield Spread – Talking Points: The haven-associated Japanese Yen and US Dollar lost ground late during Asia-Pacific trade. ECB Interest Rate Decision Discussion. Preview of ECB Meeting and Interest Rate Decision: EURUSD In Focus Written by Eno Eteng (MSTA) on Jun 03, 2020, 19:35 BST The European Central Bank meets to decide its interest rates as well as any possible adjustments to its PEPP program. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. Comment Guidelines . ECB (European Central Bank) – central bank for the euro and administers monetary policy of the Eurozone, which consists of 19 EU member states.ECB announcements very important for traders. The interest rate is expected to stay unchanged at 0% so the market will mostly focus on the commentary from ECB. The minimum bid rate is the rate national central banks (NCBs) in the eurosystem must charge for one-week loans. In a news conference following the decision, Draghi said stubbornly low inflation, which remains well below the ECB’s target of near but just below 2%, was the main driver for the decision. ECB Interest Rate Decision Usually if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Even better: the ECB would have published the expected future interest rate path, with reasonable, and well-explained, confidence intervals. Preview of ECB Meeting and Interest Rate Decision: EURUSD In Focus Forex Jun 03, 2020, 19:35 BST by Eno Eteng (MSTA) The European Central Bank meets to decide its interest rates as well as any possible adjustments to its PEPP program. What are the key ECB rate decisions? The central bank’s key interest rate is currently at -0.4%. Due at 12:45 GMT+1 ECB Marginal Lending Rate forecast to remain at 0.25%; Due at 12:45 GMT +1 ECB Interest rate Decision forecast to remain unchanged at 0.00%; Traders will pay high attention to the European Central Bank Monetary Policy Statement for clues about the economic conditions that influenced interest rate decision. But expectations are for ECB President Christine Lagarde and her colleagues to build on that remark when the central bank announces its decision on Thursday at … The European Central Bank (ECB) left the eurozone’s interest rates unchanged on Thursday but altered its package of COVID-19 support measures, extending several key policies into 2022. The European Central Bank's Interest Rate Decision is made by the Governing Council of the ECB every six weeks, during a meeting on monetary policy, and is announced right after the meeting. The interest rate on the ECB's main … Against this backdrop, the ECB decided Thursday to keep its interest rates and coronavirus-stimulus program unchanged. 2 mins ECB Meeting: Lagarde speech live stream – December 10 FXStreet 2 mins European Monetary Union ECB Interest Rate Decision in line with forecasts (0%) FXStreet 2 mins Breaking: ECB leaves rates unchanged, expands PEPP by €500 billion to end-March 2022 FXStreet The main way the Governing Council seeks to control inflation is by changing key European interest rates, including the minimum bid rate, deposit rate and marginal lending rate. In a statement, the ECB said it was maintaining the eurozone deposit rate at -0.50%, the refinancing rate at 0%, and the marginal lending facility rate at 0.25%. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. 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