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ECB rates on hold at 0.25%

08/05/2014 15:00
The European Central Bank decided on Thursday to leave interest rates on hold at the historic low of 0.25%.

The ECB announcement is as follows:

At today’s meeting, which was held in Brussels, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.25%, 0.75% and 0.00% respectively.