Thursday, October 4, 2012

ECB holds eurozone interest rate at 0.75%

ECB president Mario Draghi

Last month, the ECB unveiled details of a bond-buying plan aimed at easing the eurozone's debt crisis.

ECB president Mario Draghi is likely to face questions about the plan when he holds a press conference later.

Earlier, the Bank of England held UK rates at 0.5% and decided not to raise the amount of quantitative easing (QE) from the current level of £375bn.



Source & Image : BBC

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