-
ECB Keeps Interest Rates Unchanged as Investors Await QE Details
The European Central Bank kept interest rates unchanged at record lows as investors wait for President Mario Draghi to reveal more details of his 1.1 trillion-euro ($1.2 trillion) bond-buying plan. The 25-member Governing Council left the main refinancing rate at 0.05 percent at its meeting on Thursday in Nicosia. The decision was predicted by all 54 economists in a Bloomberg News survey. The deposit rate remained at minus 0.2 percent and the marginal lending rate at 0.3 percent. Draghi is set to unveil the starting date for government-bond purchases and other elements of quantitative easing at his press conference. ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 5, 2015 8:01am Mar 5, 2015 8:01am
- Idoscon
- | Membership Revoked | Joined Jan 2013 | 691 Comments
- Comment #2
- Quote
- Mar 5, 2015 8:05am Mar 5, 2015 8:05am
- Khulna-bokul
- | Joined Sep 2014 | Status: Member | 67 Comments
Bokul
- Comment #3
- Quote
- Mar 5, 2015 8:17am Mar 5, 2015 8:17am
- Khulna-bokul
- | Joined Sep 2014 | Status: Member | 67 Comments
Bokul