The European Central Bank left interest rates unchanged on Thursday, holding off fresh policy action to combat the threat of deflation while it waits for new staff forecasts next month. A downward revision to the inflation outlook then could prompt a policy move. The ECB held its main interest rates at 0.25 percent. The ECB targets inflation of just below 2 percent and is wary of it getting stuck in a "danger zone" below 1 percent.
via Business News - Yahoo Finance http://ift.tt/1ivJXSH
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