Meeting in Florence for two days, the Governing Council of the European Central Bank (ECB) decided on Thursday 30 October to leave its key rates unchanged for the third time in a row. The deposit facility rate, the main refinancing operations, and the marginal lending facility are therefore maintained at 2.00, 2.15 and 2.40 percent respectively.
“Inflation remains close to our 2% medium-term target and our assessment of the inflation outlook is broadly unchanged. The economy has continued...