ECB leave interest rates unchanged, as expected

At its monetary policy meeting held today, the Governing Council of the European Central Bank (ECB) decided to maintain status quo and leave key benchmark interest rates/asset purchases unchanged.

•  Main refinancing operations:  0.00%
•  Interest rates on the marginal lending facility: 0.25%
•  Deposit facility: -0.40%
•  Asset purchases at EUR 30 billion per month

Investors focus, however, would be on the release of central bank’s quarterly update of the economic projections.