ECB Holds Steady on Main Refinancing Rate, Bond-Buying Program

The video discusses the current state of interest rates, including the refi rate and marginal lending facility. It covers forward guidance and quantitative easing, noting that QE will continue until interest rates rise. The pandemic bond buying program remains at 1.35 trillion, with reinvestment of maturing PEPP bonds through 2022. Market reactions are noted, with the euro-dollar exchange rate mentioned. The video concludes with a preview of an upcoming news conference and forecast statement.

What is the current refinancing rate mentioned in the video?

• 0.5%

• 0%

• 0.25%

• 1%

Until when will the pandemic bond-buying program continue?

• Start of 2023

• End of 2021

• Mid 2022

• End of 2022

What is the total amount allocated for the pandemic bond-buying program?

• 1.5 trillion

• 1.35 trillion

• 1 trillion

• 1.25 trillion

What is the current status of the euro as mentioned in the video?

• Stable with slight fluctuations

• Strengthening rapidly

• Weakening significantly

• Unchanged

What is the significance of the upcoming news conference?

• Discussion on currency exchange rates

• Introduction of a new bond-buying program

• Release of a new economic forecast

• Announcement of new interest rates