At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1)The interest rate on the main refinancing operations of the Eurosystem will be decreased by 5 basis points to 0.00%, starting from the operation to be settled on 16 March 2016. (2)The interest rate on the marginal lending facility will be decreased by 5 basis points to 0.25%, with effect from 16 March 2016. (3)The interest rate on the deposit facility will be decreased by 10 basis points to -0.40%, with effect from 16 March 2016. (4)The monthly purchases under the asset purchase programme will be expanded to €80 ... (full story)