Economics, Finance and Information Technology

Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.

Thursday 8 May 2014

The ECB left official interest rates unchanged.

The European Central Bank on Thursday left officialinterest rates on hold, as expected, keeping its main refinancing rate at a record low 0.25%. The ECB's deposit rate remains at 0%, while the rate on the marginal lending facility stands at 0.75%. ECB President Mario Draghi will hold his monthly news conference at 8:30 a.m. Eastern.

Source: Marketwatch

Thursday 8 May 2014

The ECB left official interest rates unchanged.

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