The ECB keeps interest rates unchanged

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The European Central Bank at the meeting on Thursday kept interest rates on loans at zero level. The deposit rate was left at the level of minus 0.4% per annum, for marginal loans - at 0.25% per annum. The bank said that ensuring that the target inflation level close to 2% is achieved requires maintaining rates at current levels until the end of the summer of 2019, at least. The regulator confirmed that by the end of December this year, it will stop net purchases of assets, and in the period after September to the end of December, their monthly volumes will be reduced to 15 billion euros.

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