#EuropeanBudgetStandStill#
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Three major interest rates of the European Central Bank remained unchanged, and the scale of the economic protest bond purchase plan remained unchanged, in line with market expectations. The euro has risen sharply and then fell.
European Stocks Mixed; ECB Offers Optimistic Outlook
Investing.com - European stock markets are seen opening mixed Friday, with investors having to work through competing influences of a relatively optimistic ECB and fresh weakness on Wall Street.
At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.5% higher, while CAC 40 futures in
Monetary policy decisions
10 September 2020
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
(1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.5
EUROPE NEWS ECB addresses stronger euro, says it will ‘carefully monitor’ exchange rate
The European Central Bank said it discussed the recent appreciation of the euro at its policy meeting on Thursday and will “carefully monitor” the exchange rate going forward.
The euro hit a 1-week high of $1.1902 during the press conference following the policy decision. It has risen over 5% agains
