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ECB holds rates at record low

Thursday, January 09 12:59:52

The European Central Bank has kept euro zone interest rates unchanged at their record lows of 0.25pc today.

ECB President Mario Draghi will outline the reasons for the decision at a press conference later this afternoon.

Investors will be listening out for any hints about the ECB's next moves after euro zone inflation dipped to 0.8pc in December from 0.9pc in November. This is well below the ECB's target of just below 2pc.