Some updates on ECB’s latest decision:
1. Interest rates remain unchanged
2. Main refinancing rate is held at 0%
3. Marginal lending facility rate and deposit facility rate are kept at 0.25% and -0.5% respectively.
4. The Central will go on with the PEPP asset purchase with a total envelope of EUR 1350B – until at least the end of June 2021 OR until it judges that the Covid19 crisis phase is over.
5. APP net purchase will go on at a monthly pace of EUR 20b.
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