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  • #ECB CUTS RATES

#ECB CUTS RATES

randholm
September 4, 2014 12:20 pm / Published in EUR, EUR/USD, Market Update

#ECB CUTS RATES

ECB CUT RATES

KEY POINTS:

ECB cuts refi rate to 0.05 pct, deposit rate to -0.20 pct

Commits to an ABS and covered bonds purchase programme

Cuts inflation and growth forecasts for 2014

Draghi says decisions were not unanimously supported

Draghi says ECB will go further if necessary

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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.

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