ECB is ready to leave interest rate unchanged

Posted On 24 Jan 2019

Tag: ECB

ECB is ready to leave interest rate unchanged

The European Central Bank will almost certainly leave the monetary policy unchanged following the meeting on Thursday, but it can recognize a sharp slowdown in economic growth, increasing the chances of postponing further normalization of policy.

The ECB completed a € 2.6 trillion ($ 2.96 trillion) bond buying program in December and confirmed the forecast that the regulator is likely to raise the interest rate later this year.

Source:: ECB is ready to leave interest rate unchanged

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