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The ECB’s policy decision did not spook markets yesterday. The deposit rate was left at 2% for the third time in a row. Only limited new information had come out since September, and therefore policymakers saw no reason to adjust their policy stance when they also deemed this unnecessary last month.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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