ECB leaves its key rates unchanged

The European Central Bank (ECB) announced on Thursday that it is leaving its interest rates unchanged.

The ECB's decision marks a pause following an initial decrease in June. The institution is awaiting reassuring inflation figures before continuing with its monetary easing.

The bank's benchmark deposit rate remains at 3.75%, while its refinancing rate and marginal lending facility rate are set at 4.25% and 4.50% respectively.