Liquidity conditions and monetary policy operations in the period from 3 May to 31 July 2018

Dimitrios Rakitzis and Mª Carmen Castillo Lozoya

Economic Bulletin Boxes, 2018, vol. 6

Abstract: This box describes the ECB's monetary policy operations during the third and fourth reserve maintenance periods of 2018, which ran from 3 May to 19 June 2018 and from 20 June to 31 July 2018 respectively. Throughout this period the interest rates on the main refinancing operations (MROs), the marginal lending facility and the deposit facility remained unchanged at 0.00%, 0.25% and â0.40% respectively. JEL Classification: E40, E52, E58

Keywords: autonomous factors; excess liquidity; interest rate developments; monetary policy (search for similar items in EconPapers)
Date: 2018-09
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbbox:2018:0006:2

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