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ECB Holds Rates, Deposit Rate at 2.50%
The European Central Bank (ECB) held its three key policy rates unchanged on October 29, keeping the deposit rate at 2.50%, the main refinancing rate at 2.65%, and the marginal lending rate at 2.90%, according to Yonhap and other Korean outlets. The decision was made at a monetary policy meeting in Frankfurt, Germany. Korean media reported this as breaking news, with Maeil Business, Korea Economic Daily, and Kyunghyang Shinmun all confirming the freeze. There is no indication of Korean public reaction in the supplied documents, as they focus solely on the ECB's announcement.


















