Arab Today, arab today ecb keeps interest rates unchanged
Last Updated : GMT 19:37:02
Arab Today, arab today
Arab Today, arab today

ECB keeps interest rates unchanged

Arab Today, arab today

Arab Today, arab today ECB keeps interest rates unchanged

The European Central Bank
Frankfurt - XINHUA

The European Central Bank (ECB) on Thursday held fire and kept the interest rates unchanged after it unveiled a package of monetary easing measures last month.
The combination of monetary policy measures decided last month has already led to a further easing of the monetary policy stance, said the ECB President Mario Draghi at the press conference here.
The euro area economy continued its moderate recovery in the second quarter and inflation expectations for the euro area over the medium to long term continue to be firmly anchored in line with the ECB's aim.
"...the key ECB interest rates will remain at present levels for an extended period of time in view of the current outlook for inflation," he said.
The ECB lowered all the interest rates and brought the overnight deposit interest rate to a negative territory. At the same time, it also announced in June that it would conduct targeted longer-term refinancing operations, known as TLTROs, in order to provide more liquidity to the banks and encourage them to lend more to the real economy in the euro area.
"The aim of the TLTROs is to enhance the functioning of the monetary policy transmission mechanism by supporting lending to the real economy," said Draghi.
The ECB published the modalities for the TLTROs on Thursday.
The inflation rate for the euro area, according to Eurostat's flash estimate, still remained at a low level of 0.5 percent.
With regard to the assessment of banks' balance sheet, Draghi said banks should take full advantage of this exercise to improve their capital and solvency position.
He also renewed his call for the euro area governments to proceed with structural reforms in the coming years.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ecb keeps interest rates unchanged Arab Today, arab today ecb keeps interest rates unchanged

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ecb keeps interest rates unchanged Arab Today, arab today ecb keeps interest rates unchanged

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel police detain 15 over campaign

GMT 14:19 2017 Monday ,23 October

Israel police detain 15 over campaign
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday