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PRESS RELEASE
Monetary policy decisions
2 March 2006
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
- The minimum bid rate on the main refinancing operations of the Eurosystem will be increased by 25 basis points to 2.50%, starting from the operation to be settled on 8 March 2006.
- The interest rate on the marginal lending facility will be increased by 25 basis points to 3.50%, with effect from 8 March 2006.
- The interest rate on the deposit facility will be increased by 25 basis points to 1.50%, with effect from 8 March 2006.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. today.
TEAGMHÁIL
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- 60314 Frankfurt am Main, an Ghearmáin
- +49 69 1344 7455
- media@ecb.europa.eu
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