ECB leaves rates, stimulus plans unchanged

Bank may wait until September to decide on Brexit reaction

ECB leaves key interest rate at zero Pic: Rex

The European Central Bank has left its key interest rates unchanged after the latest meeting of its Governing Council.

The ECB also kept its stimulus programme unchanged as policy makers try to assess the economic damage inflicted by Britain’s vote to leave the European Union.

The Governing Council left the main refinancing rate at zero, the deposit rate at minus 0.4 per cent and asset purchases at €80 billion a month as predicted ...