The European Central Bank in Frankfurt am Main ©Norman Kriese / ECB

Monetary policy decisions of the ECB Governing Council

At today’s meeting the Governing Council of the ECB decided to decrease the interest rate on the deposit facility by 10 basis points to -0.50 percent. Net purchases will be restarted under the Governing Council’s asset purchase programme (APP) at a monthly pace of €20 billion as from 1 November.