eurozone central bank leaves policies intact
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Eurozone central bank leaves policies intact

Arab Today, arab today

Arab Today, arab today Eurozone central bank leaves policies intact

Frankfurt - UPI

The European Central Bank left its monetary policy unchanged Thursday, justifying the decision by citing low inflation and a gradually stabilizing economy. In addition, ECB President Mario Draghi at a press conference said interest would likely remain intact "for an extended period of time," adopting language used by the U.S. central bank in recent years. In May, the ECB cut its overnight lending rate from 0.75 percent, where it had been since July 2012, to 0.5 percent as the eurozone posted six consecutive quarters of recession. Draghi said Thursday underlying price pressures on the euro "are expected to remain subdued for the medium term." He also said recent economic data suggest "some further improvement from low levels and tentatively confirm the expectation of a stabilization in economic activity." "At the same time, labor market conditions remain weak," he said. Draghi said policymakers in Frankfurt anticipated growing demand for exports and domestic demand "supported by the accomodative monetary policy stance as well as the recent gains in real income owing to generally lower inflation." "Overall, euro area economic activity should stabilize and recover at a slow pace," he said.  

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*

eurozone central bank leaves policies intact eurozone central bank leaves policies intact

 



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*

eurozone central bank leaves policies intact eurozone central bank leaves policies intact

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday