SpeechThe facts about the ECB’s monetary policy
Unfounded criticism of the ECB jeopardises trust in our single monetary policy and undermines European cohesion, says Executive Board member Isabel Schnabel in a speech in Karlsruhe. She looks at some dominant narratives in Germany and discusses them in light of the facts.
|Marginal lending facility||0.25 %|
|Main refinancing operations (fixed rate)||0.00 %|
|Deposit facility||− 0.50 %|