European Central Bank keeps benchmark interest rate on hold at 1.0%; Trichet, to address press conference
Dec 3rd, 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 ECB president, Jean-Claude Trichet, will address a press conference to present new staff economic growth forecasts and signal other policy moves.