ECB Holds Rates, Faces Grilling On New Measures - Presented by: The Aol. On Network

The European Central Bank left interest rates unchanged at record lows on Thursday, holding fire while it assesses the impact of a barrage of measures launched last month to pep up the flagging euro zone economy. The ECB held its main refinancing rate at 0.15 percent and its deposit rate at -0.10 percent, effectively charging banks for holding their money overnight as it tries to encourage them to lend to small- and medium-sized businesses.



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