European Central Bank Leaves Interest Rates Unchanged

• January 19, 2017
• realestatelife
• Business & Markets, Real Estate Finance

The European Central Bank left its key refi rate at zero. The ECB also left its deposit rate at a negative 0.40%. That means banks continue to pay to have their money parked at the bank. Asset purchases remain at 80 billion euros per month until end of March, then 60 billion euros per month until end of 2017.