ECB keeps rates on hold, cuts down on meetings

World News: . []

President of European Central Bank Mario Draghi is on his way to a news conference in Frankfurt, Germany, Thursday, July 3, 2014, following a meeting of the ECB governing council. The ECB decided to leave its main interest rate unchanged. (AP Photo/Michael Probst)The European Central Bank is taking a leaf out of the Federal Reserve's book and will, starting next year, set monetary policy every six weeks instead of every month as well as publish minutes to its deliberations.

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