Juergen Michels

Type: Person
Name: Juergen Michels
First reported Apr 03 2014 - Updated Apr 04 2014 - 1 reports

European Central Bank keeps rates steady

We do not exclude further monetary policy easing: DraghiThe European Central Bank kept interest rates steady on Thursday despite a fall in inflation to its lowest in more than four years, counting on the eurozone recovery to gain strength unaided.The ... [Published Khaleej Times - Apr 03 2014]
First reported Apr 03 2014 - Updated Apr 04 2014 - 1 reports

ECB votes to hold interest rate at record low

Draghi says bank will keep rates low for as long as needed, saying recovery is progressing as expectedThe European Central Bank will keep interest rates low for as long as needed and will consider all available instruments if monetary policy needs to ... [Published Irish Times - Apr 03 2014]
First reported Apr 03 2014 - Updated Apr 03 2014 - 2 reports

ECB votes to hold interest rate at record low despite inflation fall

Policy makers refrain from taking drastic measures amid fears that euro zone could slip into deflationThe European Central Bank kept interest rates steady today despite a fall in inflation to its lowest in more than four years, counting on the euro zone ... [Published Irish Times - Apr 03 2014]

Quotes

"the latest data were not strong enough to change the overall picture that was presented in the last meeting, therefore they left the rates unchanged" said Juergen Michels, chief economist at
"the ecb is likely to give a very strong verbal message that they are willing to take further action on both the rate side as well as on the side of quantitative easing (qe)" Michels said

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European Central Bank keeps rates steady [Published Khaleej Times - Apr 03 2014]
ECB votes to hold interest rate at record low [Published Irish Times - Apr 03 2014]
ECB votes to hold interest rate at record low d... [Published Irish Times - Apr 03 2014]
ECB holds course in face of deflation fears [Published NewsRT.co.uk - Apr 03 2014]
UPDATE 1-ECB holds course in face of deflation ... [Published CNBC - Apr 03 2014]
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