ECB leaves key rates unchanged in March monetary policy meeting, as expected
ECB announces their latest monetary policy decision – 10 March 2022
Deposit facility rate -0.50%
Main refinancing rate 0.00%
Marginal lending facility 0.25%
ECB revises schedule of APP purchases
APP purchases will end in Q3
APP volumes will be €30 billion in May and €20 billion in June
ECB stands ready to revise schedule again if outlook changes
Any change in key rates will come some time after APP purchases end, will be gradual