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ECB holds key rate steady at 0.05%

Thursday, December 4, 2014 - 20:54
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The European Central Bank held its key interest rates unchanged at its regular monthly policy meeting on Thursday.

[FRANKFURT] The European Central Bank held its key interest rates unchanged at its regular monthly policy meeting on Thursday.

As widely expected, the ECB said in a statement that it was holding its main "refinancing" rate steady at 0.05 per cent, and its two other rates - the marginal lending and the deposit rates - at 0.30 per cent and minus 0.20 per cent respectively.

AFP

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