TODAY'S TOP STORIES

ECB Leaves Rates Unchanged Amid Rising Concerns Over Iran War Impact

The European Central Bank left its interest rates unchanged on Thursday, as expected, even as policymakers expressed increasing concern over the impact of the surging energy prices and the intensifying war in the Middle East.

The Governing Council, led by ECB President Christine Lagarde, left the benchmark - the deposit rate steady at 2.0 percent, the main refinancing rate at 2.15 percent and the marginal lending rate at 2.40 percent. Rates were held steady for a seventh policy session in a row.

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by Jyotsna V

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