ECB Leaves Deposit Rate Unchanged At 4.0%
Portfolio Pulse from Benzinga Newsdesk
The European Central Bank (ECB) has decided to leave the deposit rate unchanged at 4.0%.
October 26, 2023 | 12:26 pm
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NEUTRAL IMPACT
The decision by the ECB to keep the deposit rate unchanged at 4.0% could impact VGK, an ETF that tracks European stocks.
The ECB's decision to keep the deposit rate unchanged can influence the performance of European stocks, which VGK tracks. However, the impact is not direct and depends on various other factors, including market sentiment and economic indicators.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75