ECB Set To Hold Fire On Rates, Eyes Risks From Ukraine Conflict

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ECB Set To Hold Fire On Rates, Eyes Risks From Ukraine Conflict

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ECB Set To Hold Fire On Rates, Eyes Risks From Ukraine Conflict

by Wochit 0:40 mins

ECB Set To Hold Fire On Rates, Eyes Risks From Ukraine Conflict

by Wochit 0:40 mins

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. "After the fireworks in June, it is not the time to take fresh measures because the ECB wants to wait and see how things develop," said Reinhard Cluse, economist at UBS.

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Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security