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RSS FeedsEuropean Central Bank in no hurry to yank stimulus
(WorldNews Europe)

 
 

13 december 2017 11:56:02

 
European Central Bank in no hurry to yank stimulus
(WorldNews Europe)
 


FRANKFURT, Germany (AP) -- Things are looking up for the European Central Bank. The 19-country eurozone economy is gathering speed. Higher oil prices should boost still-sluggish inflation, the bank's chief concern. And, so far, financial markets haven't panicked over the bank's Oct. 26 decision to scale back its bond-purchase stimulus program, to 30 billion euros ($35 billion) a month from 60 billion euros starting in January. So analysts aren't expecting big changes at Thursday's meeting of the bank's 25-member policy council at its skyscraper headquarters in Frankfurt. Instead, they will scrutinize President Mario Draghi's remarks at the post-decision...


 
5 viewsCategory: General > Europe
 
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