European Central Bank keeps benchmark interest rate on hold at 1.00%; Trichet to address press conference
Sep 3rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Governing Council of the European Central Bank (ECB) agreed at its meeting in Frankfurt today, to keep its benchmark interest rate on hold at 1.00%. ECB President Jean-Claude Trichet will outline the reasons for the Council's decision at a press conference in the early afternoon.