On January 25th, European Central Bank President Lagarde gave a speech at a press conference held at the European Central Bank headquarters in Frankfurt, Germany. The European Central Bank held a monetary policy meeting on the 25th and decided to maintain the three key interest rates unchanged. The European Central Bank announced on the same day that the main refinancing rate, marginal lending rate, and deposit mechanism rate will remain unchanged at 4.50%, 4.75%, and 4.00%, respectively. (Lai Xin She)