ECB keeps interest rates unchanged

The Governing Council of the European Central Bank (ECB) has left the basic interest rates unchanged. The ECB has also upheld its forward guidance for the interest rates. They will remain unchanged at least until the end of 2019. The interest rate on the main refinancing operations, the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00 percent, 0.25 percent and -0.40 percent respectively. The ECB's decision on interest rates is in line with market expectations.

(PAP)