ECB Set To Hold Fire On Rates, Eyes Risks From Ukraine Conflict - Presented by: The Aol. On Network

The European Central Bank is set to hold fire on rates on Thursday as it waits for earlier stimulus measures to gain traction, while keeping an eye on emerging risks from the conflict in Ukraine. The ECB cut interest rates to record lows in June, became the first major central bank to charge banks for holding their deposits overnight and launched a new ultra-cheap, four-year loan program, dubbed TLTROs, to be rolled out later this year.



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