Breaking News, World News and Taiwan News.

European Central Bank moves to hold rates steady

FRANKFURT -- The European Central Bank opted to hold key rates at its first meeting of 2014 on Thursday, but analysts said it may have to take more concrete action later.

As widely expected, the ECB's policy-setting governing council left its rates unchanged at its regular monthly rates meeting.

The central “refi” refinancing rate was held at its current historic low of 0.25 percent and the two other key rates — the marginal lending rate and the deposit rate — were steady at 0.75 percent and zero percent respectively.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search