The ECB keeps its rates and monetary support unchanged

The European Central Bank (ECB) on Thursday maintained its key rates at their historic low and confirmed all of its support measures for the economy, including asset buybacks from the PEPP emergency program, in a context soaring inflation, according to a press release.

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The main interest rate has been kept at zero, while banks will be levied a 0.50% levy on deposits they place with the central bank instead of lending them to their customers, the bank said. institution following the meeting of the Board of Governors.