
At the first meeting of this year the European Central Bank representatives gathered as and were anticipated in the Election experienced a easing of the monetary policy.The ECB Head reiterated, that decisions on monetary policy changes will be made and further at each meeting on an individual basis in taking the recent data and the trend in them into and it is conclusive, that bitcoins will not become part of the reserves of central banks.
Interest norms again, i.e. five times from the row by 25 base points, so generally from the peak in June they will now be decreased by 1,25 percent.
As announced, the decision to reduce the rate of interest on the use of the deposits option – norm, which the Governing Board establishes the direction of its money policy – the Governing Board adopted taking into accordance with the updated inflation perspective,The assessment of the basic inflation trajectory and the strength of the impact of the money policy.
Thus, from February from five days the interest rate on the use of the investment option decreases down to 2.75 percent,
“The Governing Board is determined to ensure that inflation figures stabilise at the its established average percentage for the interval of the target of 2 percentage. Decisions on the appropriate money policy will be taken by it at each meeting individually, on the basis of the data obtained.Decisions by the Governing Council on interest norms will primarily depend on how the the assesses the inflationary perspective,taking into account the economic and financial data available to the economy and financial data of the growth of inflation and the strength of the pricing of the provision of the policy.The Managing Board is not committed by an external commitment to any particular interest rate norm direction ” – the ECB communication says.
The Central Bank of the euro zone informs, that the portfolios of the Treasury Purchase Programme (TPP) and Special Pandemic Purchase Programme (SPPP) are decreasing at the established and anticipated paces, because the Eurosystem does not reinvest
the primary capital obtained from securities at their maturity. Except that,On 18 December 18 2024 the banks completed the repayment of all the borrowed funds borrowed through the targeted longer term refinancing operations of the and therefore completed that part of this process of the balance sheet normalisation.
“The Governing Council is ready to adjust all measures under the authority given to the , to stabilise inflation at the target of 2 percent for the average period set by the and to ensure a smooth transfer of the monetary policy effect . In addition to this, the protection option of policy transfer can be used to manage the unjustified,disorderly market dynamics that put at risk to the transfer of money policies across euro zone countries,