Mario Draghi wrapped up his final monetary policy meeting at the European Central Bank by leaving interest rates unchanged and sticking to the existing package of loosening measures he announced last month.
The outgoing ECB president said he was proud of pursuing the central bank’s mandate during his term in office, adding: “That is part of our legacy: Never give up.”
The ECB had been widely expected to leave policy unchanged after it triggered a fierce debate last month by cutting interest rates to minus 0.5 per cent and restarting its quantitative easing programme to purchase bonds following a 10-month hiatus.
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