ECB Leaves Key Rates Unchanged in September

At its monetary policy meeting held on September10th, the Governing Council of the European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as expected.

The ECB also left its purchases under the Pandemic Emergency Purchase Programme (PEPP) steady at €1,350 billion.