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ECB Holds Key Interest Rates Unchanged at One pct

ECB Holds Key Interest Rates Unchanged at One pct

Write: Buckley [2011-05-20]

The European Central Bank (ECB) decided to leave its benchmark interest rate unchanged at 1.0 percent, the Frankfurt-based bank announced on Thursday.

The ECB also kept the marginal lending rate and the deposit rate unchanged at 1.75 percent and 0.25 percent separately.