ECB likely to shy away from rate cut, analysts say


The European Central Bank is likely to keep rates unchanged in its key monetary policy meeting on March 12.

In spite of the rate cuts already implemented by the Federal Reserve, the Bank of Canada, the Reserve Bank of Australia, and today (March 11) the Bank of England in response to the Covid-19 crisis, the ECB is widely expected to maintain the deposit rate at -0.5%. Instead, the governing council is likely to unveil a package of measures to support banks and small and mid-sized enterprises

You are currently unable to copy this content. Please contact [email protected] to find out more.



Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!

Comments