July 18, 2024 12:27 GMT
ECB Rates Unchanged, With No September Steer
ECB
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- MNI - The European Central Bank left its key interest rates unchanged on Thursday, in line with expectations, and the Governing Council gave no clear steer as to future policy, saying it was "not pre-committing to a particular rate path."
- The deposit rate was held at 3.75%, the refi rate at 4.25% and the marginal lending rate at 4.5%. All three rates were cut by 25bps at the June meeting, the first ECB rate cut since 2019.
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