Draghi denies calls for rate cut as ECB holds again

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The president of the European Central Bank (ECB) Mario Draghi today (January 10) insisted that the ECB governing council's decision to hold the benchmark interest rate at 0.75% was unanimous, despite some expectations of a cut before it met this morning.

This is the sixth month in a row that the ECB has held rates, and Draghi firmly denied there was any demand to drop rates among the council members.

In a press conference following the ECB's announcement, the bank president revealed year-on-year

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