The European Central Bank has set its inflation target at 2.0%, but also leaves room for higher inflation if necessary. This has been concluded in a two-day meeting of the ECB on Tuesday and Wednesday. The new strategy gives the ECB room to keep the supportive monetary policy longer in an attempt to get inflation to the desired level.

Federal Reserve officials debated the launch of a permanent repo facility at the last US central bank policy meeting, to accommodate foreign central banks and support the US bond market, according to the minutes of the policy meeting on Wednesday. Under this repo facility, central banks are able to exchange US government bonds for dollars. This makes it easier for them to provide dollars to institutions in their own region.

Consumer prices in the Netherlands increased at a slightly lower pace in June. This was reported Thursday by figures from Statistics Netherlands. Last month, the price level increased by 2.0% on an annual basis. Compared to an increase of 2.1% in May.

The 6M Euribor is unchanged at -0.51% compared to previous business day. The 10Y Swap decreased with 3 basis points to 0.02% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.