European Central Bank Leaves Rates Unchanged, but Market Wants More Stimulus

The European Central Bank left key interest rates unchanged on Thursday, as central bankers continue to assess the fallout from the June Brexit vote. 'I think in general, the market is looking for more stimulus at some point in the future,' said Brian Rehling, co-head of global fixed income at Wells Fargo Investment Institute. 'There is some impact from the Brexit vote - exactly what that is, they're waiting for a little more data.' The ECB's main refinancing rate remains at zero percent, while its deposit rate stands at minus 0.4 percent. The central bank currently purchases 80 billion euros worth of bonds a month, in a program known as quantitative easing. TheStreet's Scott Gamm reports from Wall Street.