ECB Leaves Rates Unchanged at Record Lows; Draghi On Tap
February 9, 2012
Sign Up to Receive an Email Alert when Flash Headlines are Published
ECB Leaves Rates Unchanged
The European Central Bank announced Thursday that it will leave its benchmark interest rates unchanged. The current rate stands at 1.00%
All eyes will be on ECB President Mario Draghi when he steps to the microphone for his post-ECB announcement press conference later this morning.
Analysts will be listening for hints from Draghi regarding future interest rate moves as well as the ECB’s stance on Greece.
Draghi may also face questions on the banks LTRO program. A second round of unlimited bank funding is scheduled for Feb. 29.
Introducing the Short-Term Market Manager
This new service is designed to help investors navigate the stock market's short-term trends (5-15 days). Check it out today!
Remember, you are in control your email alerts! You can receive alerts for more than 25 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.
