ECB is expected to extend lending support for banks

08/30/2010 | Reuters

The European Central Bank has boosted its economic-growth forecasts, but in efforts to balance out an uneven recovery within the euro zone, the central bank is expected to extend its lending support for banks. The ECB likely will clarify that it will maintain interest rates at a record low of 1% and continue to offer banks unlimited liquidity into next year.

View Full Article in:


Published in Brief: