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Thursday, December 05, 2013

ECB leaves rates unchanged; Draghi in focus

ECB leaves rates unchanged; Draghi in focus

The European Central Bank on Thursday left its key lending rate unchanged at 0.25% and made no changes to other official rates, leaving the deposit rate at 0%. The decision was widely expected after the ECB unexpectedly cut rates in November. ECB President Mario Draghi's monthly news conference will be closely watched for clues to future policy moves. The news conference begins at 8:30 a.m. Eastern.

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