Historical Year Data · 2009

ECB Main Refinancing Rate in 2009

ECB Main Refinancing Rate opened 2009 at 2.00% and closed at 1.00%, a -50.00% move for the year. The high of 2.00% was reached on January 21, and the low of 1.00% on May 13.

Open

2.00%

2009-01

1.00%

4 data points

High

2.00%

Jan 21

Low

1.00%

May 13

Full Year Change

-50.00%

2008 Change

-33.33%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.00%	2.00%	2.00%	2.00%	+0.00%
Mar	1.50%	1.50%	1.50%	1.50%	+0.00%
Apr	1.25%	1.25%	1.25%	1.25%	+0.00%
May	1.00%	1.00%	1.00%	1.00%	+0.00%

Events During 2009

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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