The European Central Bank (ECB) has announced its decision to keep interest rates unchanged, as expected. The ECB’s main refinancing rate remains at 0%, while the deposit rate stays at -0.5%. The central bank cited ongoing economic uncertainty and the need to support the Eurozone’s fragile recovery as reasons for maintaining its current monetary policy stance. In addition, the ECB reiterated its commitment to continue its bond-buying program in an effort to provide further stimulus to the economy.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
