The European Central Bank left its key interest rate unchanged for the fourth month in a row in April, as expected.
The Governing Council led by ECB President Mario Draghi decided on Wednesday to maintain the main refi rate at a record low 1 percent, following its meeting in Frankfurt.
The rate on the marginal lending facility was held at 1.75 percent, while the deposit facility rate was kept at 0.25 percent.
The central bank had reduced the rate in November and December, reversing the two hikes undertaken earlier last year.
Draghi is set to hold the regular post-decision press conference at 8.30 am ET.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.