ECB leaves benchmark interest rate unchanged

ECB leaves benchmark interest rate unchanged

At the end of the January meeting, the European Central Bank (ECB) has left its benchmark interest rate at a record low of 0.05% per year, according to the bank’s report. The ECB deposit rate was maintained at minus 0.3% per year, the rate on marginal lending was left at around 0.3% per year. The bank's decision is in line with the forecasts of most analysts. There are no reports on expansion of stimulus measures, according to MarketWatch. More than 60% of analysts surveyed by Bloomberg now believe that the ECB will announce additional stimulus later this year.

 

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