The European Central Bank held its key interest rates steady as largely expected on Thursday.
The ECB left its central "refi" or refinancing rate unchanged at 0.25 percent at its monthly policy meeting, it said in a statement.
The central bank also held its other two key rates -- the marginal lending rate and the deposit rate -- unchanged at 0.75 percent and zero percent respectively.
There had been speculation that the central bank might ease monetary conditions in the 18 countries that share the euro given the worryingly low level of inflation.
ECB President Mario Draghi was scheduled to explain the reasoning behind the latest decision at a news conference.
The European Central Bank held its key interest rates steady as largely expected on Thursday.
The ECB left its central “refi” or refinancing rate unchanged at 0.25 percent at its monthly policy meeting, it said in a statement.
The central bank also held its other two key rates — the marginal lending rate and the deposit rate — unchanged at 0.75 percent and zero percent respectively.
There had been speculation that the central bank might ease monetary conditions in the 18 countries that share the euro given the worryingly low level of inflation.
ECB President Mario Draghi was scheduled to explain the reasoning behind the latest decision at a news conference.
