The European Central Bank on Thursday left interest rates unchanged for a fifth policy session in a row, as expected, despite concerns over a challenging global economy that is pressured by the ongoing trade wars and geopolitical conflicts.
The Governing Council, led by ECB President Christine Lagarde, held the benchmark interest rate - the deposit rate, steady at 2 percent. The refinancing rate was retained at 2.15 percent and the marginal lending rate at 2.40 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Jyotsna V
For comments and feedback: contact editorial@rttnews.com