Central Banking

ECB leaves all key interest rates unchanged

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The European Central Bank kept all of its three key short-term interest rates unchanged Thursday.The decision was expected by the market, as past rate hikes - already six this year - have yet to feed through into the real economy, and the ECB will want to ensure Eurozone growth won't be undermined by a monetary policy that is too tight.

The ECB's marginal lending rate and deposit rate remain at 5.75% and 3.75%, respectively. The ECB also kept a 4.75% minimum bid rate, which is applied at its

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