Europe Breaking News: ECB Leaves Key Rate Unchanged

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Europe Breaking News: ECB Leaves Key Rate Unchanged

Europe Breaking News: ECB Leaves Key Rate Unchanged
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Europe Breaking News: ECB Leaves Key Rate Unchanged

by Wochit 0:52 mins

The European Central Bank has left its key interest rate unchanged at a record low 0.5 percent, holding off on more stimulus as it waits for a recovery in the 17 European Union countries that use the euro. An industry insider has confirmed that the Nokia Lumia 1020 PureView phone will be available in the UK but no date has been set yet. The phone will be the first Nokia Windows Phone 8 device to pack the 41-megapixel PureView camera technology. The European Central Bank left interest rates unchanged and will try to reassure investors rattled by new turmoil in Europe and the U.S. Federal Reserve's plans to begin winding up its stimulus.

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