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Courtesy of ZeroHedge. View original post here.
Submitted by Tyler Durden.
3 May 2012 – Monetary policy decisions
At today’s meeting, which was held in Barcelona, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 1.00%, 1.75% and 0.25% respectively.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.
Hopefully something more exciting in store for the 8:30 press conference.
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