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ECB keeps interest rates unchanged

English.news.cn   2014-02-06 21:21:51

FRANKFURT, Feb. 6 (Xinhua) -- The European Central Bank (ECB) on Thursday decided to keep interest rates unchanged at a regular governing council meeting here.

The Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.25 percent, 0.75 percent and 0.00 percent, respectively, said a statement by the ECB.

The ECB has not unveiled any more easing measures in its monetary policy announcement on Thursday. ECB president Mario Draghi will address a news conference later.

The annual inflation in the euro area is expected to be 0.7 percent in January 2014, down from 0.8 percent in December 2013, according to a flash estimate from Eurostat, the official office of the European Union.

Some economists believe the low level of inflation may add to the pressure on the ECB to ease its monetary policy more.

Editor: Shen Qing
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