SUBSCRIBERS
ECB sees weaker growth, inflation in eurozone, hints QE could be extended
Published Thu, Sep 3, 2015 · 09:50 PM
Frankfurt
THE European Central Bank cut its inflation and growth forecasts for the eurozone on Thursday and its president said things could get worse.
The bank, which left interest rates unchanged, pledged to beef up or prolong its bond-buying programme if the picture indeed darkened further, although no one on the bank's Governing Council had argued for it now.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations