What did the ECB decide?

What did the ECB decide?

On December 13, the ECB announced its decision on monetary policy.

The ECB is completing this month its record program of injecting liquidity into markets with a volume of 2.6 trillion euros.

Rates will remain at record low levels until at least the summer of 2019.

The ECB is concerned about the worsening economic situation: the ECB's forecast for growth in the eurozone lowered to +1.7% in 2019 from +1.9% growth in 2018, reduced the inflation forecast to +1.6% in 2019

The euro fell (moderately so far) on ECB decisions.

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