Historical Year Data · 2003

ECB Marginal Lending Rate in 2003

ECB Marginal Lending Rate opened 2003 at 3.50% and closed at 3.00%, a -14.29% move for the year. The high of 3.50% was reached on March 7, and the low of 3.00% on June 6.

Open

3.50%

2003-01

3.00%

2 data points

High

3.50%

Mar 7

Low

3.00%

Jun 6

Full Year Change

-14.29%

2002 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	3.50%	3.50%	3.50%	3.50%	+0.00%
Jun	3.00%	3.00%	3.00%	3.00%	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

Previous Year

← ECB Marginal Lending Rate in 2002