The European Central Bank (ECB) on Thursday kept its key interest rate unchanged for the fourth consecutive meeting, saying it expects inflation to stabilise around its two percent target in the medium term.
As widely anticipated by markets, the central bank for the 20 eurozone countries maintained its key deposit rate at two percent, opting for policy continuity amid ongoing economic uncertainty.
The ECB said its decision reflects current assessments of inflation trends and economic conditions across the euro area.
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