Thursday, September 3, 2015   

Draghi flags low rates for ‘extended period’
(04-03 20:42)

ECB President Mario Draghi said today in Frankfurt, Germany, that monetary policymakers “firmly reiterate that we continue to expect key ECB rates to remain at present or lower levels for an extended period of time.’’
Earlier, the central bank held its key interest rate unchanged at 0.25 percent, following its monthly policy meeting today.
The other two key rates, the marginal lending rate and the deposit rate, also are unchanged at 0.75 percent and 0 percent respectively.

   
Other Business breaking news:
Wall Street bounces back (09-02 21:44)
US businesses add 190,000 jobs in August (09-02 21:25)
Asia props up Lego profits (09-02 21:23)
Wild swings in European equities (09-02 20:43)
Shell determined to get benefits of Arctic oil, despite opposition (09-02 17:59)
European benchmarks rebound, but China stocks remain in the red (09-02 15:55)
Nikkei closes lower (09-02 14:16)
Region and world feels China chill, IMF chief says (09-02 13:24)
Hang Seng claws back losses, Nikkei reovers (09-02 12:48)
Top lawyer argues Sands China appeal against ex-CEO’s lawsuit (09-02 12:18)

More breaking news >>

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