TIMELINE - European Central Bank rate changes since 1999

Thu Dec 4, 2008 12:58pm GMT
 
Email | Print | | Single Page
[-] Text [+]

(Reuters) - The European Central Bank cut its main

interest rate by 75 basis points on Thursday. Following is a

chronology of the ECB's interest rate moves since it took over

responsibility for monetary policy in the euro zone on January 1,

1999.

Each move is measured in basis points (bps), which are one

hundredths of a percentage point. So 25 basis points equal 0.25

percentage point. Rate levels are in percentages.

DATE MAIN REFINANCING LEVEL  Continued...

 
Zhu Zhu pet
Can I have one for Christmas?

The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri.  Full Coverage 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos