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Monetary policy decisions
The Russian invasion of Ukraine is a watershed for Europe. The Governing Council expresses its full support to the people of Ukraine. It will ensure smooth liquidity conditions and implement the sanctions decided by the European Union and European governments. The Governing Council will take whatever action is needed to fulfil the ECB’s mandate to pursue price stability and to safeguard financial stability. Based on its updated assessment and taking into account the uncertain environment, the Governing Council today revised the purchase schedule for its APP for the coming months. Monthly net purchases under the APP ... (full story)
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ECB Leaves Main Policy Rates On Hold As Expected:
— LiveSquawk (@LiveSquawk) March 10, 2022
- Refinancing Rate Unchanged At 0.00%
- Deposit Rate Unchanged At -0.50%
- Marginal Lending Facility Rate Unchanged At 0.25%
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PEPP to end in March
— Michael Hewson
to conduct APP at pace of €40bn a month in April
Announces faster winding down of APP Program(@mhewson_CMC) March 10, 2022
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ECB: ANY ADJUSTMENT OF KEY RATES SOME TIME AFTER NET BUYS END
— AceMarketU.com (@AceMarketU) March 10, 2022
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*ECB DROPS PLEDGE TO END APP 'SHORTLY' BEFORE RATES RISE
— Naeem Aslam (@NaeemAslam23) March 10, 2022
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