European Central Bank leaves refinancing rate unchanged

The European Central Bank left all its main rates unchanged, with its key refinancing rate remaining at 0% and the key deposit rate left at -0.4%. 

It said it expected "interest rates to remain at present or lower levels for an extended period of time."

The ECB will reduce its asset buys to €60-billion from next April from the current €80-billion, maintaining the buys until the end of the year.