BUSINESS

ECB to keep interest rates at record lows at least through summer

By AFP
  • Published : Jun 14, 2018 - 21:10
  • Updated : Jun 14, 2018 - 21:10
The European Central Bank on Thursday said it expected key interest rates to remain at their current historic lows "at least through the summer of 2019."

The headquarters of the European Central Bank. (AFP-Yonhap)

The Frankfurt institution's main refinancing rate currently stands at zero percent, the rate on the marginal lending facility at 0.25 percent, and the rate on deposits at -0.4 percent, meaning banks pay to park money with the ECB. (AFP)


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