The European Central Bank (ECB) has decided to keep its interest rates unchanged for the second consecutive time, following 10 rate increases in a row since July 2022.
The decision comes amid slowing inflation in the euro area.
The deposit rate, a key reference point, remains at 4.0%, its highest level since the single currency was launched in 1999.
The refinancing rate and the marginal lending facility rate stand at 4.50% and 4.75% respectively.
