Our markets ended last week at the highs of the week in a delayed reaction to the European Central Bank (ECB) decision on Thursday to go pedal to the metal on further easing across the pond. The ECB lowered 3 key interest rates and also expanded the bond buying program to 80 billion Euros per month. In addition, "Super" Mario Draghi, head honcho of the ECB , stated that the bank stood ready to expand the buying program beyond March 2017 if required.
Our markets ended last week at the highs of the week in a delayed reaction to the European Central Bank (ECB) decision on Thursday to go pedal to the metal on further easing across the pond. The ECB lowered 3 key interest rates and also expanded the bond buying program to 80 billion Euros per month. In addition, "Super" Mario Draghi, head honcho of the ECB , stated that the bank stood ready to expand the buying program beyond March 2017 if required.
Share this Article
Comment on this Article
Recommended
Please to comment