Question: 1.please read the below press release.Explain which objectives of central Bank's monetary policy will be influenced and how ? What will be the impact on
1.please read the below press release.Explain which objectives of central Bank's monetary policy will be influenced and how ? What will be the impact on the country's economy. On 24 October 2019,press release: Central bank of malta Website At today's meeting the governing council of the European central bank decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%,0.25% and -0.50% respectively.The governing council expects the key ECB interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly coverage to a level sufficiently close to, but below,2%within it's projection horizon,and such convergence has been consistently reflected in underlying inflation dynamics. ...
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