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00:00The Governing Council today decided to keep the three key ECB interest rates unchanged.
00:08Inflation is currently at our 2% medium-term target.
00:13The incoming information is broadly in line with our previous assessment of the inflation outlook.
00:21Domestic pressures have continued to ease, with wages growing more slowly,
00:26partly reflecting our past interest rate cuts,
00:31the economy has so far proven resilient overall in a challenging global environment.
00:38At the same time, the environment remains exceptionally uncertain,
00:44especially because of trade disputes.
00:47We are determined to ensure that inflation stabilizes at our 2% target in the medium term.

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