ECB signals end to bond buying - holds rates at 0% - Female executive resurrects German shipyard - China's Huawei tops European patent league
After previously sparking a mini tantrum in financial markets, the ECB has tried to play a balancing act, emphasizing improved growth while tempering expectations to avoid triggering serious market volatility.
The European Central Bank has left interest rates and massive support for the eurozone economy unchanged, despite sharp upgrades to the bank's growth forecasts. But inflation will remain stubbornly low, the ECB says.
ECB chief Mario Draghi is expected to highlight the euro area's strengthening economy while underlining the need for caution as the bank inches toward ending its stimulus. But interest rates will not rise anytime soon.
The EU's central bank has decided to curb its monthly bond purchases by half. But DW's Henrik Böhme deplores that an end to what he believes is a risky zero-interest policy is not yet in sight.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version