After June (see EUROPE B13425A1) and September (see EUROPE B13481A2), the ECB’s Governing Council took the unanimous decision on Thursday 17 October in Ljubljana to cut its three key rates by 25 basis points, as the Frankfurt-based monetary institution said it was surprised by the weakness of certain economic indicators.
From Wednesday 23 October, the interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will be cut to 3.25%, 3.40%...