The European Central Bank is set to leave its interest rates and forward guidance unchanged on Thursday, after ending its massive asset purchase programme in December, as a myriad of risks including the persistent slowing of the economy, global trade tensions and the Brexit chaos mar the outlook for Eurozone growth.
The Governing Council, led by ECB President Mario Draghi, is set to announce its latest policy decision at 7.45 am ET in Frankfurt.
The main refi rate is currently at a record-low zero percent and the deposit rate at -0.40 percent. The marginal lending facility rate is at 0.25 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com