European Central Bank could expand quantitative easing and nick deposit rate further,while Fed is expected to raise US rates after strong job growth figuresThe European Central Bank president, Mario Draghi, or is widely expected to unleash a fresh round of economy-boosting measures on Thursday,after inflation in the eurozone remained at just 0.1% in November.
City analysts had expected the inflation rate to increase modestly to 0.2% in line with forecasts with a slow but robust recovery in the eurozone’s fortunes. Related: Markets rally as feeble eurozone inflation boosts stimulus hopes - business live Related: The Fed and the ECB: when monetary policy diverges Continue reading...
Source: theguardian.com