Global Economic News

ECB Confirms End To Asset Purchases In Q3

The European Central Bank left its key interest rates unchanged, as expected, on Thursday and reaffirmed that it is set to end asset purchases in the third quarter.

The Governing Council, led by ECB President Christine Lagarde, left the main refinancing rate at zero, the deposit rate at -0.50 percent and the marginal lending rate at 0.25 percent.

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by Jyotsna V

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