SpeechThe perils of isolation
Turning back the clock on international financial regulation would revive distrust, create financial fragmentation, and risk regulatory arbitrage and a race to the bottom, says Executive Board member Benoit Cœuré. International cooperation must be continued and strengthened.
|Marginal lending facility||0.25 %|
|Main refinancing operations (fixed rate)||0.00 %|
|Deposit facility||− 0.40 %|