Economics
ECB Keeps Rates on Hold as Draghi Prepares for Greece Questions
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The European Central Bank left interest rates unchanged at record lows, putting the focus on President Mario Draghi’s press conference where he’ll face questions on Greece’s banking crisis.
The 25-member Governing Council kept the main refinancing rate at 0.05 percent at its meeting in Frankfurt on Thursday, as predicted by all 52 economists in a Bloomberg News survey. The deposit rate and the marginal lending rate stayed at minus 0.2 percent and 0.3 percent, respectively.