SpeechMonetary policy supports euro area recovery
The ECB’s monetary policy is strengthening the euro area recovery, Executive Board member Peter Praet says in a speech in London. There are economic and institutional uncertainties which need to be addressed by a broader set of actors. Monetary policy cannot be the only remedy.
EventYoung economists’ poster session winner
Matteo Crosignani is the winner of the young economists’ poster session at this year’s ECB Forum on Central Banking. The PhD student from the NYU Stern School of Business examined the effect of central bank liquidity injections on bank credit supply.
|Marginal lending facility||0.25 %|
|Main refinancing operations (fixed rate)||0.00 %|
|Deposit facility||− 0.40 %|