Colosseum a.s. (Colosseum a.s.)
Commodities  |  November 08, 2012 14:47:28

ECB and BOE wait, interest rates unchanged

ColosseumThe European Central Bank during today left interest rates unchanged at a historic low of 0.75 percent. This step is expected to 62 of 63 analysts surveyed by Bloomberg. During yesterday's ECB President Mario Draghi warned that the debt crisis in Europe is beginning to have a negative impact on the German economy, the largest in Europe. He said that inflation risk is very small. Understated is the Bank of England (BOE), which did not extend its bond purchase program. Focuses its attention to more stimulating bank lending, which should support the economy. BOE also kept interest rates at a record low 0.5 percent. and # 160;

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