European Central Bank debated more-aggressive stimulus at March meeting
FRANKFURT--European Central Bank officials discussed more aggressive stimulus measures to support Europe's stalling economy at their latest policy meeting, and signaled they could take fresh action to shore up growth at upcoming meetings.
The ECB rolled out fresh monetary stimulus on March 7, unveiling a new batch of cheap loans for banks and pledging not to increase interest rates through the end of the year. The ECB's key interest rate is currently set at minus 0.4%. The ECB could readjust its policy mix "at one of its coming meetings should the outlook evolve less favorably than expected," the minutes said.
While officials still hope for a rebound in growth in the second half of 2019, they admitted that such projections "might be considered optimistic," according to the minutes.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Women’s March group drops application to trademark name after two-year battleThe national organization filed for a trademark in March 2017 after the Women’s March on Washington.
Lire la suite »
Turkey's move to prop up the lira before elections hurt its credit standing: Moody'sLast week, Turkey's central bank had published data showing that its gold and foreign exchange reserves dropped more than $2 billion for the week ending March 22.
Lire la suite »
Jobless claims fall to 211,000 in late March to match 2019 lowThe number of people who applied for unemployment benefits in late March fell for the second week in a row to match the lowest level of 2019, a sign the...
Lire la suite »
Changes in China's economy in March exceed expectations: Premier LiChina's Premier Li Keqiang said on Thursday that 'changes' in the...
Lire la suite »
4th victims dies following March 18 Utrecht tram attackTHE HAGUE, Netherlands (AP) — Authorities say a fourth victim has died from injuries sustained in the March 18 tram shooting in Utrecht, an incident being investigated as a possible extremist attack.
Lire la suite »
Obituary: Mary Warnock died on March 20thThe philosopher and deviser of Britain’s rules on embryo experiments was 94
Lire la suite »
March Madness: Cool, calm Virginia clips No. 12 seed Oregon to reach Elite EightIn a back-and-forth second half, Virginia's Ty Jerome drained a three-pointer with 3:33 remaining. Then it was the Cavs' defense that did the rest.
Lire la suite »