ECB to hold fire on rates at final meeting of 2012
- Published: 6 Dec 2012 at 09.47
- Online news: World
The European Central Bank will hold fire on interest rates at its last policy meeting of 2012 Thursday, even if its updated forecasts will suggest the eurozone's recession is deepening, analysts said.
This file photo shows the headquarters of the European Central Bank (ECB), pictured in Frankfurt am Main, western Germany. The ECB will hold fire on interest rates at its last policy meeting of 2012 on Thursday, even if its updated forecasts will suggest the eurozone's recession is deepening, analysts say.
With ECB interest rates already at record lows and its latest anti-crisis weapon primed and ready for action, chief Mario Draghi has never ceased to argue that the ball is in the court of the governments to find a way out of the long-running crisis.
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