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View Full Version : ECB Review: Rate Unchanged But Signaled Gradual Phase Out of Stimuli


gold-forex
11-05-2009, 11:00 AM
As expected, the ECB left the main refinancing rate unchanged at 1% in November and stated the current level of interest rates as appropriate. Moreover, President Trichet said that the stimulus policies will be phased out gradually. It’s the 6th month the ECB decided to maintain the policy rate unchanged...

More... (http://www.actionforex.com/action-insight/special-reports/ecb-review%3a-rate-unchanged-but-signaled-gradual-phase-out-of-stimuli-2009110599993/)