ECB to maintain status quo when it meets on Thursday -traders

ECB to maintain status quo when it meets on Thursday -traders
 

The European Central Bank will keep policy unchanged when it meets on Thursday, even as pressure builds on the central bank to do more, according to a majority of euro money market traders polled by Reuters.
The euro zone's central bank may discuss technical adjustments to its asset purchase scheme but a decision could be deferred until December, sources familiar with the discussion told Reuters last week.
Euro zone inflation was just 0.4 percent in September on an annual basis, nowhere near the ECB's 2 percent target ceiling, but 15 of 19 traders in Monday's Reuters poll said the ECB would... read more

 
17 October 2016 in Business, Views: 41
Source: Reuters
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