No new cuts from Frankfurt. There European Central Bank today confirmed the Eurozone key rate at an all-time low of 0,75% for the ninth consecutive month.
Meanwhile, the Bank of Japan announced a new energetic maneuver to support the Japanese economy, with a massive increase in liquidity. There Bank of England, however, held interest rates on the pound at 0,5%.
As for theinflation, continues to slow down in the currency area, reaching 1,7% in March, according to data provided yesterday by Eurostat. There unemployment hit a new record at 12%, affecting over 12 million people.
