Thursday, 22 August 2019
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ECB leaves rates unchanged; focus turns to Draghi
Thursday, 24 January 2019 19:51 WIB | FISCAL & MONETARY |

The European Central Bank on Thursday left interest rates unchanged, as expected, repeating that they will remain at current levels at least through summer.

The ECB also said it would continue to reinvest principal payments from maturing debt held on its balance sheet for an extended period past the date when it does begin to raise interest rates.

The spotlight will be on ECB President Mario Draghi's news conference, set to begin at 8:30 a.m. Eastern, or 2:30 p.m. Central European Time.

Source: Marketwatch

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