We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by Commissioner Rehn. Based on its regular economic and monetary analyses, the Governing Council decided to leave the key ECB interest rates unchanged. The current rates remain appropriate.
Taking into account all the information and analyses that have become available since our meeting on 4 March 2010, price developments are expected to remain moderate over the policyrelevant horizon. The latest information has also confirmed that the economic recovery in the euro area continued in the early months of 2010.