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Euronews
Euronews
Doloresz Katanich

European Central Bank leaves key deposit rate unchanged at 2%

The European Central Bank kept its key interest rate on hold on Thursday during the first monetary policy meeting after the European Union and the US sealed a trade agreement. 

The bank held its rate on the so-called deposit facility at 2%, which is the interest rate banks receive when they deposit money with the central bank overnight. It's also the ECB’s main tool to influence monetary policy.

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