The markets ask, Frankfurt does not respond. The long-awaited decision did not come: the Governing Council of the European Central Bank kept interest rates unchanged in the Eurozone. The main refinancing rate thus remains from 1%, however the historic low. The news was released on the central institute's website.
Most of the analyst he didn't expect the ECB to reduce the cost of borrowing in the eurozone today. However, it remains possible that the decision will come from the directorate meeting scheduled for next month.
Le Bags instead they believed it all right: throughout the morning the European stocks scored strong gains precisely in the hope that good news for the banks would come from the Eurotower. In Milan, the Ftse Mib traveled for a long time up by more than two points.
Both the International Monetary Fund and the OECD had suggested that the Frankfurt institute cut rates. The previous reviews they date back to last fall. On November 3, about 72 hours after his official appointment to the presidency of the ECB, Mario Draghi surprisingly announced a reduction in the cost of money from 1,50% to 1,25%. The next drop down to 1% came on 8 December instead.
