Deposit Facility Rate
Country:
European Union
Previous value:
3.5%
Market reaction shows the price changes in the market right after the data publication. Check the history of price changes by selecting a date of the event and a ticker symbol.
The deposit interest rate is a fee paid by commercial banks for placing short-term, or overnight, deposits in the central bank.
By changing the rate, the central bank can shift monetary policy towards easing or tightening, depending on its current objectives.
Changes in the central bank's policy, in turn, affect employment, GDP, inflation and many other macroeconomic indicators.
Release date (GMT +0) | Actual value | Previous value |
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Data for the events is missing |