Friday, March 27, 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:
PetroChina profit falls to lowest in five years (03-26 18:31)
China banking giant ICBC says 2014 net profit rose 5pc (03-26 18:01)
Toyota rolls out shared-parts strategy to chop costs (03-26 17:40)
Eurozone loans to private sector still contracting: ECB (03-26 17:40)
European stocks slide at open (03-26 16:47)
Weaker euro boosts Easyjet earnings (03-26 16:18)
Hang Seng ends lower (03-26 16:17)
'Grexit' not an option: Greek central bank (03-26 16:01)
Hainan Airlines eyes 30-plane Boeing order (03-26 15:55)
French 2014 public deficit cut to 4 percent: data (03-26 15:32)

More breaking news >>

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