Thursday, October 20, 2016

The ECB left intact the interest rate in the 0% and the massive purchase of assets – euronews

The European Central Bank (ECB) keeps interest rates at zero percent and intact, its massive purchase of assets, although analysts expect indications of change in the coming months. These indications can be known in the press conference its president, Mario Draghi, following the meeting in Frankfurt. Despite a sluggish growth in the eurozone, a spike in expected inflation and the possible new rise in interest rates in the united States makes you think that the ECB will modify in the near future its monetary policy.

on the one hand, it could expand in six months, its purchase of eighty billion euros a month in assets for public and private now fixed until march of next year. But, on the other, you could reduce this monthly amount. The German authorities are increasingly contrary to this monetary policy so flexible.

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