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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