Institutional Investor (March 10)
2016/ 03/ 11 by jd in Global News
“As had been widely anticipated, the European Central Bank today announced a cut for all three key benchmark rates and an expansion of the quantitative-easing program.” What remains to be seen is “what further monetary policy course the bank may take if negative rates fail to jump start spending and growth within the common currency zone.”
Tags: Anticipated, Benchmark rates, ECB, Growth, Monetary policy, Negative rates, Quantitative easing
