EconomicsCentral Banks

ECB Holds Rates With Inflation Near 2% and Economy Expanding

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The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the economy continuing to grow.

The deposit rate was kept at 2% on Thursday — as predicted by all analysts in a Bloomberg survey. Policymakers continued to offer no guidance on future steps, stressing that they’ll act one meeting at a time based on incoming data.

Source: Original