ECB Interest Rates Decision what do you expect ?

ECB Interest Rates Decision what do you expect ?

March 4th  2015

All the investors’ main attention turns this week tot ECB interest rates decision and the Press Conference of Mario Draghi due on Thursday March 05 2015.The key interest rates remained unchanged during the previous reading at 0.05 %

In fact, the ECB may surprise the market by cutting the interest rates again which will push the Euro to decline further. However, If the ECB decides to keep the interest rates unchanged, it will be positive for the Euro dollar pair.

The ECB quantitative easing (QE) program was supported by a large majority of voters. In order to support the slow economic growth in the Euro area. Furthermore, the policy makers have also showed many concerns over low inflation.

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