ECB Signals December Move

ECB Signals December Move

RTTNews

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European Central Bank left its key interest rates and massive stimulus unchanged on Thursday, citing a highly uncertain outlook amid a resurgence in the Covid-19 pandemic, and hinted at a move in December when the latest set of macroeconomic projections will be available. The main refi rate was retained at a record low zero percent and the deposit rate was kept at -0.50 percent, as expected.

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