European Central Bank keeps benchmark interest rate on hold at 1.0%; Bank of England retains its rate at 0.5%
Nov 5th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Central Bank (ECB) as expected kept its benchmark interest rate on hold at 1.0%, at a meeting of the Governing Council in Frankfurt today. The Bank of England kept its rate on hold at 0.5%.