FRANKFURT: The European Central Bank (ECB) said on Thursday (Friday in Manila) it could scale up its contentious stimulus program of bond purchases as the outlook for growth and inflation in the eurozone clouds over.
Saying it was still too early to determine the extent and impact of the economic fallout from China’s slowdown and lower oil prices, the ECB held its benchmark “refi” refinancing rate at the current all-time low of 0.05 percent, as expected.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.