On Thursday 18 December, the Governing Council of the European Central Bank (ECB) decided for the fourth time in a row to leave its main key rates unchanged. 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.
ECB President Christine Lagarde said on Thursday that the Governing Council had taken a unanimous decision, and made reference to inflation being under control. “There...