European Central Bank expected to keep interest rate unchanged at 1% today; Benchmark may remain fixed until late 2010
Jul 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Central Bank is expected to keep its benchmark rate unchanged at 1% today at the meeting of its Governing Council in Luxembourg. The ECB led by President Jean-Claude Trichet, may keep the rate fixed until the fourth quarter of 2010.