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The Economic Times
The Economic Times
Business

ECB says holding rates in April was a 'close call'

The European Central Bank keeping rates on hold in April was a "close call", minutes released Thursday said, the latest sign that the bank is preparing to raise the cost of borrowing.

The Frankfurt-based central bank for the 21 countries that use the euro held its key deposit rate at two percent in April, where it has been since June last year.

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