ECB Holds Rates Steady With No Hints of QE Changes

The European Central Bank (ECB) has decided to keep the main refinancing rate and the marginal lending facility unchanged. The ECB plans to continue its quantitative easing (QE) program until the end of December or beyond if necessary, aiming for a sustainable inflation path. The ECB also mentioned that QE could be increased in size and duration if the economic outlook worsens. The euro experienced a slight drop following these announcements. The ECB's deposit facility remains at negative 40 basis points, and the main refinancing rate is unchanged at 0%. The ECB emphasizes the need for sustainability in inflation before making any changes.

What is the current status of the main refinancing rate according to the ECB?

What does the ECB say about the marginal lending facility?

What conditions might lead the ECB to increase the size and duration of QE?

What was the reaction of the euro dollar following the ECB's announcements?

How does the ECB plan to address the inflation path?