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Published on Friday, June 3, 2016

Wait-and-see stance

As expected, at today’s monetary policy meeting there were no changes in the ECB´s monetary policy stance, as the central bank left the key policy rate unchanged at 0.0% and the deposit rate at -0.4%. The ECB’s Staff macroeconomic projections barely changed over the forecast horizon. The focus is on the implementation of the measures announced in March

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