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ECB leaves benchmark interest rate unchanged at 0.25 per cent

The European Central Bank left its benchmark interest rate unchanged at 0.25 per cent today.

3rd April, 2014
ECB headquarters in Frankfurt

The European Central Bank left its benchmark interest rate unchanged at 0.25 per cent today.

All but three of 57 economists in a Bloomberg News survey had predicted borrowing costs would remain unchanged.

The 24-member Governing Council left the main refinancing rate at a record low of 0.25 percent after policy makers met in Frankfurt today. The deposit rate was left unchanged at zero and the marginal lending rate at 0.75 percent.

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