The European Central Bank announced Thursday that its Governing Council held interest rates at current levels at its latest monetary policy meeting.
The minimum bid rate on variable-rate refinancing operations remained 1.00%, the marginal lending rate stayed at 1.75%, and the deposit rate — the floor for euro money market rates — was left at 0.25%.
Earlier, the Bank of England’s monetary policy committee left both the total amount of quantitative easing and its bank rate unchanged at stg200 billion and 0.5%, respectively.
Both decisions were expected.
