The ECB's deposit facility rate remained unchanged at 3.75% as planned, without pre-committing to a specific interest rate path
As of July 18, the European Central Bank's main refinancing rate for the euro area is 4.25%, with an expected and previous value of 4.25%; the deposit facility rate is 3.75%, with an expected and previous value of 3.75%; and the marginal lending rate is 4.5%, with an expected and previous value of 4.50%. The European Central Bank stated that it does not commit to a specific interest rate path in advance.
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