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ECB Faces Brexit Challenge
The UK EU Referendum Aftermath Has Reduced the impact of ECB Stimulus The European Central Bank (ECB) is expected to keep rates and quantitative easing (QE) measures unchanged with the focus for investors being the words of President Mario Draghi that will address the central bank’s response to Brexit risks which he has already said could take up to 0.5 percent points from the European economy in the next three years. The European Central Bank (ECB) will publish its benchmark rate statement on July 21, at 7:45 am EDT to be followed by President Mario Draghi’s press conference at 8:30 am. Leading indicators in ... (full story)
