View full page at forexfactory.com

 

ECB Leaves Stimulus Unchanged as Decision Deadline for QE Looms

From bloomberg.com

The European Central Bank kept its quantitative-easing program and interest rates unchanged as suspense builds up over a possible extension of bond-buying later this year. The Governing Council left the main refinancing rate at zero, the deposit rate at minus 0.4 percent and asset purchases at 80 billion euros ($88 billion) a month, as predicted by all economists in a Bloomberg survey. The future path of asset purchases, which are currently scheduled to end in March, will loom large when President Mario Draghi addresses reporters at 2:30 p.m. in Frankfurt. To follow Bloomberg’s live blog on the ECB’s rate decision, ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News