The ECB’s decision coincided with market expectations, which already anticipated the absence of changes in interest rates during this Thursday’s meeting.
He European Central Bank (ECB) chose to maintain your interest rate unchanged for the third consecutive time this Thursday, opting for prudence given the evolution of inflation in the eurozonedespite its slowdown in recent months.
The deposit facility rate remains at 4%, reaching its highest level since the launch of the single currency in 1999. Likewise, the interest rate on the main financing operations and the marginal credit facility are at 4.5% and 4.75%, respectively.
The ECB’s decision matched market expectationswhich already anticipated the absence of changes in interest rates during this Thursday’s meeting.
Interest rates: what the market analyzes
Now the focus is on Christine Lagardepresident of the organization, and her press conference scheduled for 2:45 p.m. Spanish time.
It is crucial to analyze the message that the Council will try to convey in its statement and, subsequently, listen to Lagarde’s statements on the state of the Eurozone economy, expectations for the evolution of inflation in the coming months and, consequently, the possible future actions of the ECB regarding interest rates, according to analysts at Link Securities this morning.
Source: Ambito
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