InterviewMonetary policy can’t do it alone
Monetary policy will not solve the problems of low structural growth and unemployment, says Executive Board member Peter Praet to Público newspaper. We need a comprehensive policy response, but our decisions do not depend on the actions of others.
InterviewLow growth: G7 must act together
G7 countries need to address future challenges together, with a mix of structural reforms and monetary and fiscal policies, says Executive Board member Benoît Cœuré. Fiscal policy discussions should not just consider increasing spending, but also how to improve the quality of the budget.
|Marginal lending facility||0.25 %|
|Main refinancing operations (fixed rate)||0.00 %|
|Deposit facility||− 0.40 %|