Global Economic News

ECB Maintains Status Quo As Economy Slows

The European Central Bank held its key interest rates and forward guidance unchanged in April, after it announced long-term loans for banks in March, as activity in the euro area economy remains sluggish.

The Governing Council, led by ECB President Mario Draghi, left the key interest rates unchanged after the policy session in Frankfurt on Wednesday, as expected.

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by RTTNews Staff Writer

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