The European central bank announced its benchmark interest rate fell to 1% down for two months in a row

Beijing time on 8 December evening news, the European central bank this week four announced that its benchmark interest rate by a quarter percentage point to 1% cut. Due to the economy of the euro area remain low, the European central bank cut interest rates of the decision has been widely anticipated the outside world. In addition, investors will be paying close attention to the European central bank President at Della (Mario Draghi) about take other measures to restrain the sovereign debt crisis of speech. For investors,discount sunglasses Della auspicious in the press conference speech will be paid close attention to the object. Analysts believe that the European central bank may come out with new measures to help troubled the eurozone banking. On the other hand, the European central bank is ready to strengthen whether the bond purchase program will also get attention. It is worth noting that, this is Jim Della since taking office second European central bank announced the benchmark interest rate cut. Nearly two months of rate cuts have paved over earlier this year the European central bank interest rate rises, so that the euro zone return benchmark interest rate to historic lows again. On the other hand, the European central bank also announced its overnight lending rates will cut a quarter point to 1.75%, at the same time deposit interest rate by a quarter overnight to,new era hats from 0.25% to. According to the plan, will be in the United States at Della eastern time Thursday morning at eight 30 points held a news conference. In the European central bank cut interest rates announced after the decision, and the euro exchange rate movements smooth. By the time the euro against the dollar rose 0.1%, to $1.3406 for 1 euro.

see more:S&p cut Hungary rating to junk status
South Africa has paid $244 million in black economic stimulus plan