In the Eurozone, the reference rates remain fixed at 1,50%. As expected, the board of the European Central Bank chose not to adjust the cost of money upwards, after the two quarter point tightening made in April and July. Deposit and overnight lending rates also remain unchanged, at 0,75% and 2,25% respectively. A stalemate widely expected by economists and market analysts.
The same decision also outside the euro area, in Great Britain, where the Bank of England confirmed the reference levels for the pound at an all-time low of 0,5%.
