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

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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%Determined to ensure that inflation returns to 2% medium-term target in a timely mannerInterest rates are at levels that, maintained for a sufficiently long duration, will make a substantial contribution to this goalFuture decisions will ensure that policy rates will be set at sufficiently restrictive levels for as long as necessaryTo continue data-dependent approach to determining the appropriate level and duration of restriction This article was written by Justin Low at www.forexlive.com.

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

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