Economy/Business News Alert: European Central Bank leaves key interest rate unchanged

Thursday, August 2, 2012

   
The Washington PostThursday, August 2, 2012 8:01:38 AM
ECONOMY/BUSINESS NEWS ALERT

European Central Bank leaves key interest rate unchanged


The European Central Bank leaves its main interest rate unchanged at a record-low 0.75 percent.

Markets are now waiting to hear bank President Mario Draghi speak at a news conference, hoping for more signals on whether the bank might buy government bonds in the open market. The news conference is at 8:30 a.m. ET.


Read more at:
http://www.washingtonpost.com/world/europe/european-central-bank-head-to-face-questioning-about-how-bank-might-drive-down-rates/2012/08/02/gJQAnZq2QX_story.html



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