Tags: EU | Europe | Economy

Europe Central Bank Could Jump Ahead of Fed to Add Stimulus

Europe Central Bank Could Jump Ahead of Fed to Add Stimulus

Monday, 22 July 2019 11:38 AM

FRANKFURT, Germany (AP) — The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe rev up stimulus to support the world economy through a period of heightened uncertainty from trade wars and Brexit.

The ECB, which sets interest rates for the 19 European Union member countries that use the euro, is expected by many analysts to at least tweak its promise to keep interest rates at rock-bottom levels into next year. New wording would emphasize that the next move down the road could be a cut.

But a rate cut Thursday is not out of the question either — even though one of the rate benchmarks is already below zero.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


   
1Like our page
2Share
GlobalTalk
The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe rev up stimulus to support the world economy through a period of heightened uncertainty from trade wars and Brexit.The ECB, which...
EU,Europe,Economy
122
2019-38-22
Monday, 22 July 2019 11:38 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved