Source: Reuters (via feed)
The European Central Bank kept its key interest rate at 2% on Thursday. The ECB warned that the war on Iran was clouding the outlook for growth in the euro zone. It also noted that the conflict was affecting the inflation outlook. No changes to the interest rate were announced during the press conference.
BizTrendWire Insight:
The ECB’s interest rate decision and its comments on the Iran conflict directly relate to euro zone economic conditions.
The ECB’s interest rate decision and its comments on the Iran conflict directly relate to euro zone economic conditions.
