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Finance
The European Central Bank (ECB) maintained its unchanged monetary policy on Thursday and noted that it continued to end its generous program from bond purchases at the end of this year, while leaving interest rates at historic lows until at least the summer of 2019 in the Northern hemisphere.
Before the inflation increase of the euro area, the ECB decided last month to conclude its program of purchases of 39 bonds 2.6 trillion euros at the end of December, but also promised that the economy will continue to be stimulated in the next few years until this year. that it reaches complete consolidation
The head of the ECB, Mario Draghi, was confident that inflation in the eurozone would converge towards the goal of the bank ] even after the end of the program Purchase of badets
The monetary entity did not change the negative rate of 0.4% with which penalizes banks who deposit their money in the vault of Frankfurt
"The Board of Governors expects interest rates to be of the ECB remain at their current level at least until the summer (boreal) of 2019, and in any case in the medium term, "said the ECB in its statement.
The ECB has already disbursed around 2, 5 billion euros ($ 2.93 trillion) in purchases of bonds since 2015 and maintained its bank deposit rate below zero, effectively charging banks for not distributing its money, in a four-year effort to boost inflation.
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