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Liquidity conditions and monetary policy operations in the period from 1 November 2017 to 30 January 2018

Author

Listed:
  • Luskin, Alaoishe
  • Vergote, Olivier

Abstract

This box describes the ECB's monetary policy operations during the seventh and eighth reserve maintenance periods of 2018, which ran from 1 November to 19 December 2017 and from 20 December 2017 to 30 January 2018 respectively. During this period, the interest rates on the main refinancing operations (MROs), the marginal lending facility and the deposit facility remained unchanged at 0.00%, 0.25% and -0.40% respectively. JEL Classification: E40, E52, E58

Suggested Citation

  • Luskin, Alaoishe & Vergote, Olivier, 2018. "Liquidity conditions and monetary policy operations in the period from 1 November 2017 to 30 January 2018," Economic Bulletin Boxes, European Central Bank, vol. 2.
    • Handle: RePEc:ecb:ecbbox:2018:0002:3
    Note: 1503965
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    File URL: https://www.ecb.europa.eu//pub/pdf/other/ebbox201802_03.en.pdf
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    More about this item

    Keywords

    autonomous factors; excess liquidity; interest rate developments; monetary policy;
    All these keywords.

    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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