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Full Version: Ecb Seen Leaving Rates On Hold, Future Steps Eyed
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realist
The European Central Bank is expected to keep interest rates on hold on Thursday after four months of cuts, but financial markets are looking for signs of further steps it may take to shore up the euro zone economy.

ECB President Jean-Claude Trichet all but dismissed the chance of a rate cut this month after the Governing Council's January decision, saying that the next important 'rendezvous' for monetary policy would be in March.

As a result, all but three of 85 economists polled by Reuters expect the ECB to keep rates at 2.0 percent when its decision is announced at 1245 GMT. That level matches previous historic lows, but most economists expect another cut in March.

forbes.com
sandyshores
Thanks for this post. I find it to be very helpful. Seriously.
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