ECB keeps interest rates unchanged as Brexit shock fades
Frankfurt economy
Frankfurt - Arab Today
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The European Central Bank held its record-low interest rates unchanged Thursday, a spokesman said, as it opted to wait for a clearer picture to emerge of the Brexit impact before making any drastic policy changes. The bank's governing council voted to keep the benchmark refinancing rate at zero percent, while the rate on the marginal lending facility remains at 0.25 percent and the bank deposit rate at -0.4 percent, the spokesman said. |
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