Details of the ECB governing council meeting December 2015
– Deposit rate cut to -0.30%
– Main refi rate unch at 0.05%
– Marginal lending rate unch at 0.30%
Reuters initially posted that the deposit rate was left unchanged and the there was no cut in what turned into a total FUBAR moment.
ECB cuts deposit rate by 10bp – will announce further policy measures at presser
