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MNI (London)
     LONDON (MNI) - Below is the text release by the European Central Bank's
Governing Council 
     April 10 2019
     Monetary policy decisions
     At today's meeting the Governing Council of the European Central Bank (ECB)
decided that the interest rate on the main refinancing operations and the
interest rates on the marginal lending facility and the deposit facility will
remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council
expects the key ECB interest rates to remain at their present levels at least
through the end of 2019, and in any case for as long as necessary to ensure the
continued sustained convergence of inflation to levels that are below, but close
to, 2% over the medium term.
     The Governing Council intends to continue reinvesting, in full, the
principal payments from maturing securities purchased under the asset purchase
programme for an extended period of time past the date when it starts raising
the key ECB interest rates, and in any case for as long as necessary to maintain
favourable liquidity conditions and an ample degree of monetary accommodation.
     The President of the ECB will comment on the considerations underlying
these decisions at a press conference starting at 14:30 CET today.
--MNI London Bureau; tel: +44 203-586-2225; email:
[TOPICS: M$X$$$,MC$$$$,MT$$$$,M$$EC$]
MNI London Bureau | +44 203-865-3812 |