ECB Keeps Interest Rate on Hold

The European Central Bank kept its main refinancing rate on hold at 0.75 per cent again yesterday (4th Oct 2012) . The Euro rose against the US Dollar after the ECB President reaffirmed that they have set a ...
Read More

ECB Cuts Rate to All Time Low of 0.75%

As we reported yesterday - it was expected by many economists - and today the ECB  has just  cut interest rates by a quarter of a percentage point to 0.75 per cent, a new record low. This will ...
Read More

ECB Rate Cut Looking Possible Tomorrow

A cut in the ECB interest rate is possible tomorrow (Thursday). A Reuters poll found 48 out of 71 analysts forecast  that the ECB  would  cut rates this week, most of them forecasting a 25 basis point cut ...
Read More

ECB Rate Stays at 1%

The  European Central Bank (ECB) has left its benchmark interest rate unchanged at 1% again today.  It has been at 1% since November 2011 The ECB's president, Mario Draghi, has insisted that its various measures to flood financial ...
Read More

ECB Rate Unchanged at 1%

The European Central Bank (ECB) has left its benchmark interest rate unchanged at 1%. The rate has stayed at the all time low of  1%  since November 2011 . The prospect of a rise in the rate didn't ...
Read More

ECB Interest Rate Kept at 1%

The  European Central Bank has left interest rates unchangedat 1% , as expected. In other Eurozone news  - The Financial Times is reporting that a deal has been reached in Athens over the outstanding issues around the Greek ...
Read More