By CentralBankNews.info
The European Central Bank (ECB) maintained its benchmark interest rate at 0.05 percent, as widely expected, along with its deposit rate at minus 0.20 percent, and made no further comments on any new initiatives to boost economic growth and inflation.
In its usual brief statement following a meeting of the ECB’s governing council, the ECB said its president, Mario Draghi, would comment on the “considerations underlying these decisions” at a press conference at 2:30 pm Central European Time today.
(more to follow)