Despite inflation in the euro area estimated to have fallen to 1.7% in January (see EUROPE B13801A27), below the 2% stabilisation target set by the European Central Bank (ECB), the Governing Council of the Frankfurt-based institution decided unanimously on Thursday 5 February to leave its three key interest rates unchanged.
For the fifth 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...