The European Central Bank held its key interest rates steady for a third policy session in a row and stuck to its stance that policy would remain restrictive for as long as needed, and did not give any signal regarding the possibility of a rate cut in the near future.
The Governing Council, led by ECB President Christine Lagarde, left the main refinancing rate, or refi, at 4.50 percent on Thursday, in the first rate-setting session of the year.
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by Jyotsna V
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