Deposit Facility Rate

Actual value:
-0.5%
Currency: Euro
Country: European Monetary Union
Previous value: -0.5%
Market reaction - market price changing right after the data has been published. Follow past market changes by choosing tiker and event date.
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The interest rate on deposits is a charge, paid by commercial banks for placing short-term or overnight deposits in a Central Bank. By changing the rate, the Central Bank is able to shift monetary policy towards easing or tightening, depending on current goals. Therefore, macroeconomic indicators, as GDP, employment rate, inflation and many others, are affected by the changes of Central Bank policy.

Release date (GMT +0) Actual value Previous value
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Influence on the market

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