ECB holds fire on rates but keeps on high alert | Bangkok Post: news

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ECB holds fire on rates but keeps on high alert

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The European Central Bank as expected held its interest rates unchanged at its policy meeting Thursday, a month after taking unprecedented measures to ward off deflation in the euro area. 

Mario Draghi, President of the European Central Bank (ECB), gives a press conference following the meeting of the ECB Governing Council in Frankfurt am Main, on July 3, 2014

But ECB chief Mario Draghi insisted the central bank remained on high alert and would take further action again if necessary.

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