ECB leaves key interest rates unchanged in April
European Central bank
Frankfurt am Main - Arab Today
European Central bank governors on Thursday left key interest rates at historic lows and mass bond-buying unchanged, a spokesman said, in line with observers' expectations.
The Frankfurt institution kept its main refinancing rate at 0.0 percent, the rate on the marginal lending facility at 0.25 percent, and the deposit rate at -0.4 percent -- meaning banks have to pay to park money with the central bank. It also left untouched plans to buy 60 billion euros of corporate and government bonds per month until December under its "quantitative easing" programme.
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