ECB Keeps Interest Rates Unchanged

The ECB has kept its deposit facility rate unchanged at -0.4% and continues its QE program until inflation is sustainably adjusted. No changes were expected in forward guidance or policy, and none were made. The focus is on Mario Draghi's upcoming speech and Q&A, where he will face questions about the euro's rapid appreciation. There is pressure on Draghi from ECB council members to end quantitative easing, but the appreciating euro complicates achieving inflation targets. Draghi aims to meet these targets and raise rates before his term ends in October 2019.

What is the current deposit facility rate mentioned in the text?

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What does the ECB plan regarding interest rates for the future?

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What are the expectations regarding the end of quantitative easing?

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What challenges does Mario Draghi face regarding the euro's value?

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What is the significance of the October 2019 deadline for Mario Draghi?

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