Economic news

ECB keeps interest rates at record lows

The European Central Bank (ECB) has retained interest rates at zero at today’s meeting.

The regulator continues to expect that the interest rates will remain at the same or lower level for an extended period of time, according to press release.

The ECB changed the interest rates last time on March 16, 2016 - then it was lowered from 0.05 to 0%.

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