Le Blog du Gouverneur

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29.11.2024 - Post de Gaston Reinesch, Gouverneur

29/ SIGNALLING THE GOVERNING COUNCIL’S MONETARY POLICY STANCE THROUGH THE DEPOSIT FACILITY RATE

This post reviews how and why the Eurosystem deposit facility rate (DFR) became the interest rate used to steer the monetary policy stance with a view to maintain price stability. (...)