European Central Bank leaves refinancing rate unchanged

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.

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