Euro Area Interest Rate

Kalenteri GMT Todellinen Edellinen Yksimielisyys
2019-09-12 11:45 AM Ekp: N Korkopäätös 0% 0% 0%
2019-10-24 11:45 AM Ekp: N Korkopäätös 0% 0% 0%
2019-12-12 12:45 PM Ekp: N Korkopäätös 0% 0% 0%
2020-01-23 12:45 PM Ekp: N Korkopäätös 0% 0% 0%
2020-01-24 10:30 AM ECB President Lagarde Speech

News Stream
ECB Holds Rates, Eyes Turn to Lagarde Press Conference
The European Central Bank held interest rates at current levels and left its stimulus measures unchanged during its January policy meeting, as widely expected. All eyes are now on President Christine Lagarde's press conference at 14:30 CET today, at which she is likely to announce the central bank's first strategic review since 2003. Officials are expected to tweak their inflation target following years of muted pressures, with some policymakers favouring the creation of a tolerance band around 2 percent.

ECB Set to Hold Rates, Launch Policy Review
The European Central Bank is seen holding rates at current levels and leave other monetary stimulus measures unchanged at its first policy meeting of 2020, with focus turning to President Christine Lagarde's announcement of the central bank's first strategic review in nearly two decades. The topics could include changes in inflation target, digital money and the fight against climate change. The ECB has failed to meet its inflation target for years, with some policymakers favouring the creation of a tolerance band around 2 percent.

ECB More Upbeat on Economic, Inflation Outlook
ECB officials agreed that there were some signs of stabilisation in the Eurozone growth slowdown, and that downside risks to the outlook had become somewhat less pronounced, the accounts of the December meeting showed. Policymakers also noted that measures of underlying inflation remained generally subdued, although there were some indications of a mild increase, while some members voiced concerns about the possible side effects of the September monetary policy measures, including the potential impact of negative interest rates on households savings and consumption dynamics.

ECB Leaves Monetary Policy Unchanged
The ECB left its key interest rates and stimulus package unchanged during Christine Lagarde's first policy meeting in charge on December 12th, with the main refinancing rate remaining at 0 percent and the deposit rate at -0.5 percent. Policymakers said they expect interest rates to remain at their present or lower levels until the inflation outlook converges to their aim. The bank also cut its growth forecast for 2020, due to weak trade growth, while inflation is seen below the 2% target through at least 2022.

Uncertainty Could be Europe’s Moment of Opportunity
The EA economy faces a global environment that is marked by uncertainty, but it can also be a moment of opportunity if the bloc approaches the challenge in the right way, Lagarde said in her first speech as ECB President at the Frankfurt European Banking Congress. Ms Lagarde noted that the best way to respond to the challenges presented by trade tensions and technological disruption is to invest in the bloc's future, strengthen the common institutions and empower the world’s second largest economy, while called on European governments to boost public investment.

ECB Officials Agree to Adopt "Wait-and-see" Approach
ECB policymakers agreed that September's stimulus measures should be allowed more time to fully unfold their effects on the Euro Area economy and on inflation outlook despite concerns about the possible side effects, particularly given that some of the measures had yet to be implemented, minutes of Mario Draghi's last policy meeting showed. Officials also made a "strong call" for unity after several members opposed the stimulus package in September, and reiterated that fiscal policy had to play a more prominent role in supporting growth.

Euroalueen Raha Viime Edellinen Korkein Alin Yksikkö
Korkokanta 0.00 0.00 4.75 0.00 Prosentti [+]
Interbankkorko -0.42 -0.42 5.39 -0.48 Prosentti [+]
Rahan M1 8931888.00 8881568.00 8931888.00 444330.00 Meur [+]
Rahan M2 12374327.00 12332765.00 12374327.00 1070496.00 Meur [+]
Rahan M3 13007563.00 12963324.00 13007563.00 1097404.00 Meur [+]
Valuuttavaranto 73.22 74.85 75.88 34.91 Mrd. Usd [+]
Keskuspankin Tase 4691998.00 4682592.00 4713568.00 692641.00 Meur [+]
Lainat Yksityissektorin 4588362.00 4592631.00 4929457.00 2994549.00 Meur [+]
Talletuskorko -0.50 -0.50 3.75 -0.50 Prosentti [+]
Antolainauskorko 0.25 0.25 5.75 0.25 Prosentti [+]
Laina Kasvu 3.50 3.50 9.90 -0.40 Prosentti [+]