www.luntacunt.fora.pl

Luntacunt project

www.luntacunt.fora.pl Forum Index -> Pub -> Eurozone central bank leaves policies intact
Post new topic  Reply to topic View previous topic :: View next topic 
Eurozone central bank leaves policies intact
PostPosted: Sat 13:03, 02 Nov 2013
cheapbag214s

 
Joined: 27 Jun 2013
Posts: 20570
Read: 0 topics

Warns: 0/5
Location: England





Eurozone central bank leaves policies intact
FRANKFURT, Germany, Aug. 1 () -- 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,[url=http://www.pradaoutleto.co.uk/]prada outlet uk[/url], 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,[url=http://www.pradaoutleto.co.uk/]prada outlet online[/url], euro area economic activity should stabilize and recover at a slow pace," he said.


The post has been approved 0 times
View user's profile
Eurozone central bank leaves policies intact
www.luntacunt.fora.pl Forum Index -> Pub
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
All times are GMT + 2 Hours  
Page 1 of 1  

  
  
 Post new topic  Reply to topic  


fora.pl - załóż własne forum dyskusyjne za darmo
Powered by phpBB © 2001-2003 phpBB Group
Theme created by Vjacheslav Trushkin
Regulamin