![European Central Bank on Twitter: "The euro short-term rate (€STR), a new benchmark interest rate, has been published for the first time. The rate reflects the wholesale euro unsecured overnight borrowing costs European Central Bank on Twitter: "The euro short-term rate (€STR), a new benchmark interest rate, has been published for the first time. The rate reflects the wholesale euro unsecured overnight borrowing costs](https://pbs.twimg.com/media/EF2g73SUcAAK3Up.jpg)
European Central Bank on Twitter: "The euro short-term rate (€STR), a new benchmark interest rate, has been published for the first time. The rate reflects the wholesale euro unsecured overnight borrowing costs
![Effects of a negative interest rate policy in bank profitability and risk taking: Evidence from European banks - ScienceDirect Effects of a negative interest rate policy in bank profitability and risk taking: Evidence from European banks - ScienceDirect](https://ars.els-cdn.com/content/image/1-s2.0-S027553192100218X-ga1.jpg)
Effects of a negative interest rate policy in bank profitability and risk taking: Evidence from European banks - ScienceDirect
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
![Euro Short-Term Rate: Volume-Weighted Trimmed Mean Rate (ECBESTRVOLWGTTRMDMNRT) | FRED | St. Louis Fed Euro Short-Term Rate: Volume-Weighted Trimmed Mean Rate (ECBESTRVOLWGTTRMDMNRT) | FRED | St. Louis Fed](https://fred.stlouisfed.org/graph/fredgraph.png?width=880&height=440&id=ECBESTRVOLWGTTRMDMNRT)