Sentence examples for deposit rate from inspiring English sources
The lending rate rose to 5.58percentt and the deposit rate climbed to 2.25percentt.
This cut in the deposit rate, we think it's adequate," he said.
It reintroduced them in July 2014 and the deposit rate is currently -1.25%.
The new lending rate is 5.58percentt and the new deposit rate is 2.52percentt.
A negative deposit rate would in effect charge banks for parking spare funds at the ECB.
Mr. Bullard said a negative deposit rate would be a "dead-end policy".
The ECB cut the deposit rate to zero, and all the money just moved to another account in the ECB.
The bank lowered the deposit rate to 2.25percentt from 2.5percentthetheighthth reduction in a year.
Concerning interest rates, Draghi suggested there would not be a reduction in the deposit rate in the near term.
The ECB cut its deposit rate to 0.0% last year, in an attempt to get banks to lend.
It cut borrowing costs, expanded its QE programme, and reduced a key bank deposit rate further into negative territory.
