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6/2/2016, 2:32 PM (Source: TeleTrader)
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ECB expects rates to remain at current or lower levels

Interest rates will remain at the current levels or they will be lower for an extended period of time, European Central Bank President Mario Draghi said at a press conference in Vienna on Thursday after the ECB decided to keep its key interest rates unchanged.

The key interest rates are currently 0%, meaning Draghi was pointing to the possibility of negative interest rates in the future.

 

Image: EPA /  Olivier Hoslet

Breaking the News / VP