Economics – No policy shift from ECB despite low inflation

The European Central Bank left interest rates on hold and unveiled no other measures to bolster a fragile Eurozone recovery on Thursday despite forecasting low inflation for years to come. The ECB left its main interest rate at 0.25%, a move generally expected by markets, and held the deposit rate it pays banks for holding their money overnight at zero. … Continue reading Economics – No policy shift from ECB despite low inflation