This page has been archived and commenting is disabled.
ECB Stands Pat As World Watches Greece, China
As expected, the ECB leaves rates unchanged at its July policy meeting. Draghi press conference up next in 45 minutes.
- ECB LEAVES BENCHMARK INTEREST RATE UNCHANGED AT 0.050%
- ECB LEAVES MARGINAL RATE UNCHANGED AT 0.300%
- ECB DEPOSIT FACILITY RATE UNCHANGED AT MINUS 0.200%
Full presser preview here.
* * *
Monetary policy decisions
July 16
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.05%, 0.30% and -0.20% respectively.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 14.30 CET today.
»
- 3185 reads
- Printer-friendly version
- Send to friend
- advertisements -
MOAR "Bread for the Banksters, Circuses for the Sheople"...
Do nothing....I'm shocked I tells you.
I think -1% overnight rate should definitely do it.
waiting for Yellen. the FED sets the pace of world rates. the ECB follows up, is reactive
last time we had a rate differential... well, it ended with the South Park "annnnd... it's gone!" sequel, courtesy of Corzine et al
when will they finally free Corzine from prison, I ask?
The transformation of global societies. We are watching the morphing of soverign countries into a new type of state. Ireland, Spain, France will go the same way. The dictionary will need to be changed to meet this semantic need.
jb
I highly doubt the world is watching Greece. Fuck, I can barely stomach a couple articles a day.
I even heard that Ghordius is sick of this shit!
pods
0.050%, WOOHOO!!
In other news, MOAR FREE STUFF!
Obama Pledges to Bring Broadband Internet to Poor Householdshttp://www.nbcnews.com/tech/internet/obama-pledges-bring-broadband-poor-...
Notice how they cleverly toss in the ( School ) meme as to justify offering FREE home service, by cleverly adding the school word it makes it all better, so don't you dare say anything as you will be " One of those " who hates education. Funny thing is last I checked most schools are wired to the gills.
Subsidized utilities
Subsidized rent
Free food
Free phone
Free cash
And now Free internet....makes you feel all warm and fuzzy on your way to work this morning don't it...Who says America isn't the land of the free...
....and slavery is back!
"You can have all the free stuff, but you must do as I say!"
--Bath House
Is this not the Greek way of doing things?
Either subsidized, or free and at the end you become a slave; particularly Grece slave of the banks and the EU.
US will become the slaves of the Tel Aviv banks.
You bastards!! Fuck You!!
Greeks found out what ZH knows- you can vote all you want, but same party is elected!
Clinton's Bush 2016!