ECB holds steady, keeps its benchmark interest rate at 1 percent

LUXEMBOURG — The European Central Bank left its benchmark interest rate unchanged at 1 percent Thursday, preferring to wait and see if its “spectacular” infusion of credit into the banking system will loosen lending to consumers and businesses in the euro zone’s struggling economy.

European Central Bank expected to keep rate steady Thursday; remain cautious on growth

FRANKFURT — The European Central Bank is expected to keep its key interest rate steady at 1 percent when it meets Thursday as it waits to see whether a massive infusion of credit into the banking system will help Europe’s struggling economy.

European Central Bank to keep rates unchanged as it weighs impact of credit infusion

LONDON — The European Central Bank is expected to keep its key interest rate unchanged Thursday as it awaits to see whether last week’s massive liquidity injection will get banks to lend more money to businesses and consumers and support the struggling economy.

European Central Bank to keep rates unchanged as it weighs up auction success

LONDON — The European Central Bank is expected to keep its key interest rate unchanged on Thursday and cautiously note some signs that the economy of the 16 countries that share the euro is stabilizing following unprecedented liquidity injections and big declines in the cost of borrowing.

European, British central banks keep rates steady; ECB’s Trichet sees growth in mid-2010

LONDON — The European Central Bank and the Bank of England both kept official interest rates at record lows on Thursday, adopting a cautious holding stance amid fledgling signs of an economic recovery across Europe.

European Central Bank keeps interest rate at 1 percent amid recession

FRANKFURT — The European Central Bank kept its main interest rate unchanged at a historic low of 1 percent on Thursday amid a deeper than anticipated recession.

ECB cuts main interest a qtr-point to 1 pct; BoE boosts asset purchases, keeps 0.5 pct rate

FRANKFURT — The European Central Bank has cut its main interest rate by a quarter point to 1 percent and is likely to unveil more measures aimed at boosting the economy of the 16-nation euro zone.

European Central Bank cuts rates, to buy euro covered bonds, extend 12-month credit to banks

FRANKFURT — The European Central Bank will purchase euro-denominated covered bonds and extend 12-month credits to banks as it moves to get more money flowing through the 16-nation euro zone economy.

European Central Bank cuts main interest a quarter point to 1 percent Thursday

FRANKFURT — The European Central Bank has cut its main interest rate by a quarter point to 1 percent and is likely to unveil more measures aimed at boosting the economy of the 16-nation euro zone.

European Central Bank cuts rates, to buy euro covered bonds, extend 12-month credit to banks

FRANKFURT — The European Central Bank cut interest rates a quarter point and said it would buy euro-denominated bonds as well as offer longer-term credit to banks as it moves to get more money flowing through the 16-nation euro zone economy.

ECB cuts main interest a quarter-point to 1 percent; BoE holds rate unchanged at 0.5 percent

FRANKFURT — The European Central Bank cut its main interest rate by a quarter point to 1 percent Thursday and is poised to unveil more measures to help boost the 16-nation euro zone economy.

European Central Bank cuts rates a quarter point, will buy bonds, offer longer bank credits

FRANKFURT — The European Central Bank cut interest rates a quarter point to 1 percent Thursday and said the reduction wasn’t necessarily its last, while announcing still more measures to push money into the 16-country euro zone’s financial system and support its economy.

European Central Bank cuts rates, to buy euro covered bonds, extend 12-month credit to banks

FRANKFURT — The European Central Bank cut interest rates a quarter point and said it would buy euro-denominated bonds as well as offer longer-term credit to banks as it moves to get more money flowing through the 16-nation euro zone economy.

European Central Bank set to cut rates again, focus on what new measures emerge

LONDON — The European Central Bank will likely cut its main interest rate Thursday by a quarter point to 1 percent — possibly bringing its series of cuts to an end — and unveil additional measures to help boost the euro-zone economy.