The European Central Bank (ECB) left its interest rates unchanged, as expected.
According to a statement issued by the ECB after the Governing Council meeting, the interest rate on the main refinancing operations, as well as the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. [BR][BR]"To support its symmetric inflation target of 2% and in line with its monetary policy strategy, the Governing Council expects the ECB's key interest rates to remain at or below their current levels until it has established that inflation reaches 2% well before the end of the horizon under review and with a duration over the remainder of the horizon, and finds that the path of underlying inflation has sufficiently
(CNA)
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