![]() Key ECB interest rates Supporting access to credit for firms and households Low rates make it easier for people and companies to borrow funds, and should support spending and investment. Our rates impact how much it costs to take out a loan. We have kept our key interest rates at historically low levels so borrowing costs remain low. Press release: Monetary policy decisions on 10 December 2020 Press release: Monetary policy decisions on 4 June 2020 Press release: ECB announces €750 billion pandemic emergency purchase programme (PEPP) Explainer: how quantitative easing works Keeping borrowing affordable Both kinds of purchases help boost spending and investment, with the aim of supporting economic growth. We can also buy companies’ bonds, giving them an additional source of credit. For example, when we buy bonds directly from banks, we make more funds available that they can lend to households or businesses. We buy several different kinds of assets in this programme. This programme complements the asset purchase programmes we have had in place since 2014. This in turn should help citizens, firms and governments get access to funds they may need to weather the crisis. The €1,850 billion pandemic emergency purchase programme (PEPP) aims to lower borrowing costs and increase lending in the euro area. Instead, the Republican was connected by video conference, with his face beamed onto TV monitors positioned around the courtroom.Helping the economy absorb the shock of the current crisis Trump was spared a personal appearance at the courthouse Tuesday, avoiding the mammoth security and logistical challenges that accompanied his arraignment last month. Prosecutors sought the order soon after Trump’s arrest, citing what they say is his history of making “harassing, embarrassing, and threatening statements” about people he’s tangled with in legal disputes. Certain sensitive material shared by prosecutors must be kept only by Trump’s lawyers, not Trump himself. Nothing in the order prevents Trump from being able to speak “powerfully and persuasively” in his defense without the need to “start attacking individuals, disclosing names, addresses, cellphones' numbers, identity, dates of birth, or anything along those lines,” Merchan said. He has repeatedly attacked prosecutors, accusers and judges by name, including Merchan, and has shown no willingness to back down - even after a recent $5 million verdict in a writer’s sexual abuse and defamation lawsuit against him.Īmong concerns raised by prosecutors were that Trump could weaponize “highly personal information” found on witnesses' cellphones, such as personal photos and text messages with family and friends, as well as secret grand jury testimony and other material, to rile up anger amongst his supporters. Trump often discusses the cases at his rallies, in speeches, TV appearances and on social media. The Republican has portrayed himself as the victim of a coordinated, politically motivated effort to sully his chances. Trump has made the New York case and the long list of other investigations into his personal, professional and presidential conduct central to his campaign to reclaim the White House in 2024. The Manhattan district attorney's office has until next week to file paperwork stating why it should remain in state court, where the historic indictment was brought. Trump’s case is proceeding in state court even as his lawyers seek to have it moved to federal court because some of the alleged conduct occurred while he was president. Trump’s lawyer, Susan Necheles, said Trump knew about the date prior to Tuesday’s hearing and said she didn't see his exasperated reaction. Merchan said he arrived at the March 25 trial date after discussions with Trump’s lawyers and prosecutors. Trump pleaded not guilty last month to 34 felony counts of falsifying business records related to hush-money payments made during the 2016 campaign to bury allegations that he had extramarital sexual encounters. "It’s called ELECTION INTERFERENCE, and nothing like this has ever happened in our Country before!!!” ![]() “Very unfair, but this is exactly what the Radical Left Democrats wanted," Trump wrote on his Truth Social platform. Trump said little during the hearing, but lashed out afterward on social media, writing: “Just had New York County Supreme Court hearing where I believe my First Amendment Rights, ‘Freedom of Speech,’ have been violated, and they forced upon us a trial date of March 25th, right in the middle of Primary season." Trump, wearing a blue suit against a backdrop of American flags at his Florida estate, then turned to a lawyer by his side - their brief discussion inaudible on the video feed - before sitting with his arms folded for the remainder of the hearing.
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