Business Standard

Wednesday, January 08, 2025 | 05:14 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

ECB keeps policy, guidance unchanged

ECB keeps door open to even more stimulus

ECB keeps policy, guidance unchanged
Premium

Reuters Frankfurt
The European Central Bank reaffirmed its ultra-easy policy stance on Thursday, even keeping the door open to increasing bond purchases, dashing hopes it would formally signal its intent to claw back stimulus from next year.

The ECB kept rates at their record lows, confirmed that asset buys would continue at 60 billion euros ($71.76 billion) per month at least until December and said it could even increase or expand the asset purchases if needed, sticking with its long-held super easy stance.

The statement is likely to rattle some investors who expected the ECB to start laying the groundwork for a cut in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in