Press Release: Monetary policy decisions

At its meeting on 6 December 2001 the Governing Council of the ECB decided that the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility would remain unchanged at 3.25%, 4.25% and 2.25% respectively and that the reference value for the annual growth rate of the broad monetary aggregate M3 would remain at 4.5%.

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