ECB Rate Remains at 0.75%

The European Central Bank has left its interest rates unchanged today.

That’s broadly as expected – though some economists had suspected there could be a shock cut.

President Mario Draghi said he still expects Eurozone inflation to fall below 2% this year. He also forecast that economic recovery will begin this year, as structural reforms and the ECB’s own actions bear fruit.

See History of ECB Interest Rates here