The European Central Bank keeps interest rates unchanged at 4.0%

Frankfurt, April 11 / WAM / The European Central Bank left the interest rate on deposits unchanged at 4.0 percent, as has been the case since last September.

The ECB said that if the Governing Council’s updated assessment of inflation expectations, core inflation movements and the strength of monetary policy leverage increases its confidence that inflation is consistently heading towards the target, it would be appropriate to reduce the current level of monetary policy restrictions.

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