ECB cuts key rates by 25 bps in April monetary policy decision, as expected

Forex Short News
  • Prior decision
  • Deposit facility rate 2.25% vs 2.25% expected
  • Prior 2.50%
  • Main refinancing rate 2.40% vs 2.40% expected
  • Prior 2.65%
  • Marginal lending facility 2.65%
  • Prior 2.90%
  • Reference to restrictive policy is omitted
  • More to come..

This article was written by Justin Low at www.forexlive.com.