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Banking sector: the ECB begins to ease monetary policy

24/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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La Direction de la prévision et des études économiques (Dppe) du ministère sénégalais en charge de l' Economy

, of the plan and cooperation announced an easing of monetary policies by some central banks.

The Directorate for Economic Forecasting and Studies (Dppe) notes that the European Central Bank (Bce) started to ease its monetary policy at its last meeting. The main refinancing rate increased to 4.25% and the interest rates on the marginal lending facility and the deposit facility increased to 4.50% and 3.75% respectively. The Bank of Canada style="font-family: "Bookman Old Style”, "serif"> also declined by a quarter point (0.25 points), bringing its main policy rate to

4.75%.
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