Tag Archives: ECB To Hold Interest Rates Steady

Irish Times – ECB To Hold Interest Rates Steady – 8 November 2012

(Reuters) The European Central Bank is expected to leave interest rates on hold today, waiting instead to show its mettle with a new bond-purchase programme that is ready for use as soon as Spain asks for help.

The bank said last month it was ready to buy bonds of debt-strained governments such as Spain and Italy once they had signed up to a European bailout programme. Continue reading