ECB holds rates but it's not a 'non-event,' economists say. Here's why
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The European Central Bank on Thursday kept policy rates unchanged for the fifth consecutive meeting, with its key interest rate at 2%, in line with the bank's target. The ECB commented Thursday that the inflation trajectory and wider economic conditions did not warrant a move at this month's meeting, but warned that the outlook was unpredictable. "Inflation should stabilise at its 2% target in the medium term. The economy remains resilient in a challenging global environment. Low unemployment,
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