ECB leaves key interest rates unchanged in January monetary policy meeting ...Middle East

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ECB leaves key interest rates unchanged in January monetary policy meeting
Prior decisionMain refinancing rate 4.50% vs 4.50% expectedPrior 4.50%Deposit facility rate 4.00% vs 4.00% expectedPrior 4.00%Marginal lending facility 4.75%Prior 4.75%Incoming information has broadly confirmed previous assessment of the medium-term inflation outlookAside from an energy-related upward base effect on headline inflation, the declining trend in underlying inflation has continuedTight financing conditions are dampening demand, and this is helping to push down inflationFuture decisions will ensure that policy rates will be set at sufficiently restrictive levels for as long as necessaryStands ready to adjust all of its instruments within its mandate to ensure that inflation return

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