ECB keeps benchmark rate unchanged at 0.25%

Note: This section contains information in English only.
Source: Bloomberg
The European Central Bank left its benchmark lending rate unchanged at its record low as they kept the refinancing rate at 0.25%, deposit rate at zero and the lending rate at 0.75%. The inflation and growth forecasts will be released later today at a press conference held by Mario Draghi. Officials stated that there is nothing to panic about in case the situation gets worse as they are ready to act.

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