Advertisement
The Maltese Herald
APS : 0.57 AXR : 0.41 BMIT : 0.35 BOV : 1.74 CVS : 1.00 FIM : 0.16 GHM : 0.87 GO : 2.70 HLI : 0.23 HRV : 0.97 HSB : 1.36 IHI : 0.45 LOM : 0.80 LQS : 0.19 LSI : 0.49 LSR : 1.00 MDI : 0.25 MDS : 0.45 MIA : 5.95 MLT : 0.55 MMS : 1.32 MPC : 0.35 MSC : 0.33 MTP : 0.47 MZ : 0.58 PG : 1.89 PZC : 0.63 RS2 : 0.52 RS2P : 0.60 SFC : 6.70 STS : 1.25 TML : 1.00 TRI : 1.12 VBL : 0.20
Culture News Sports
The Maltese Herald

European Central Bank leaves interest rates unchanged: employment growing moderately

—

by

Maltese Herald
in ,

The European Central Bank left its interest rates unchanged at 2-2.4% as the ECB said that inflation is coming down to its target of 2%. The ECB expects inflation to moderate at these levels in the medium-term.

The ECB stated that Inflation in the month of January was at 1.7% declining from 2% in December and 2.1% in November, while GDP growth in the last quarter was at 0.3%. Unemployment stood at 6.2% after moderating from 6.3% in November. The ECB sees that the labour market is active and unemployment is going to rock bottom.

You can watch the full press conference here.

Comments

One response to “European Central Bank leaves interest rates unchanged: employment growing moderately”

  1. European Central Bank leaves interest rates unchanged: energy and commodity prices weighing on inflation - The Maltese Herald avatar
    European Central Bank leaves interest rates unchanged: energy and commodity prices weighing on inflation - The Maltese Herald

    […] European Central Bank kept interest rates unchanged following its latest Governing Council meeting. The US Federal Reserve also kept interest rates […]

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *