ECB Keeps Rates Unchanged as Draghi Weighs Risks of QE Signaling
- Malta hosts penultimate monetary-policy meeting of 2015
- Economists say additional stimulus a case of when, not if
ECB's Draghi: QE to Last Beyond September 2016 If Needed
This article is for subscribers only.
The European Central Bank kept interest rates unchanged, turning the focus to President Mario Draghi’s assessment of the economy for any clues on whether more stimulus is in the pipeline.
The 25-member Governing Council left the main refinancing rate at a record-low 0.05 percent on Thursday, as predicted by all 53 economists in a Bloomberg survey. The deposit rate and the marginal lending rate stayed at minus 0.2 percent and 0.3 percent, respectively.