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ECB Keeps Rate Unchanged At 1.00% As Expected
No surprise.
12 January 2012 - Monetary policy decisions
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 1.00%, 1.75% and 0.25% respectively.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.
Now the question is whether the ECB will announce some unconventional easing methods. We doubt it: it already has its hands full explaing why its balance sheet has grown by €600 billion in 6 months.
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This is... good for equities, right?
THIS WEBSITE SEEMS TO BE PREDOMINANTLY EURO NEWS DAY AFTER DAY AFTER DAY.iS THIS AN INTENTIONAL DISTRACTIONJ FROM THE usa ECONOMY IS IS THERE TWO VERSIONS OF ZERO HEDGE ;A EURO VERSION ANDA USA VERSION.
As Expected bitchez
When farce is at work change is just semantics
nice Mongo. I personally feel that when work is a farce, semantics changes 2.
ori
...and to the top of the ES channel we go on massive unvolume!
Everything is good for equities
Jim O' Neill