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ECB Leaves Rates Unchanged, Confirms March End to PEPP,

Adel 16 December, 2021 5:17 pm Breaking News, Market Update

The European Central Bank announced on Thursday that its Deposit Facility Rate would be left unchanged at -0.50%, as unanimously expected by analysts and market participants. The bank said that progress on the economic recovery and towards its medium-term inflation target permits a step-by-step reduction in the pace of its asset purchases over the coming quarters.

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