The European Central Bank maintained its key interest rates unchanged for a third policy session in a row on Thursday, as expected, as policymakers assessed that the outlook was broadly unchanged, but still uncertain due to global trade conflicts and geopolitical tensions.
The Governing Council, led by ECB President Christine Lagarde, held the deposit rate steady at 2.00 percent in the latest policy session held in Florence, Italy. The refinancing rate was retained at 2.15 percent and the marginal lending rate at 2.40 percent.
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by Jyotsna V
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