The European Central Bank left its key interest rates unchanged for a second straight month on Thursday, in line with economists' expectations.
Following the meeting in Frankfurt, the Governing Council decided to hold the main refinancing rate at a record low 0.25 percent.
The marginal lending facility rate was held at 0.75 percent. The deposit facility rate was kept at zero, where it has remained since July 2012.
In November, the bank had unexpectedly cut the refi rate by a quarter-point, which was the first reduction since May. The marginal lending rate was also reduced by 25 basis points.
ECB President Mario Draghi is set to hold the post-meeting press conference at 8.30 am ET, when he is expected to drop hints regarding the future course of action.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.