European Central Bank Reduce interest rates As expected on Thursday and leaving the option for more open dilution. He stressed that inflation in the euro area is often under control, despite concerns about global trade.
The rate of the papers of the European Central Bank to 2.75 %
The European Central Bank has reduced its fifth price since June, which reduced the deposit price from 3.0 % to 2.75 %. Despite some signs of recovery in recent investigative studies, the eurozone economy is still weak, and inflation is still slightly higher than the European Central Bank’s goal by 2 %. This economic situation has made the rate reduction to support growth and maintain inflation under control. “The inflation on the right track”, the European Central Bank noted.
The European Central Bank noted that inflation is still high because wages and prices are slowly controlled after increasing inflation in the past. However, wage growth slows down as expected, and the company’s profits help reduce the effect of inflation.
Policy makers are comfortable
Moreover, policy makers are likely to be comfortable after US President Donald Trump’s new definitions have not imposed. However, his threats continue to take a look at the economic view. Definitions often weaken economic growth, and if countries respond to their own definitions, this may increase inflation. This can complicate the European Central Bank plans to reduce interest rates.
Bitcoin will not enter the European Union reserves
Moreover, Christine Lagarde, president of the European Central Bank, said she is confident that Bitcoin will not enter the European Union reserves when asked about her confidence in the goal of inflation, and about Bitcoin’s strategic reserves.
Bitcoin says that he suffers from doubt about money laundering and other criminal activity. “I am sure that Bitcoin currencies will not enter into the reserves of any of the central banks of the members of the General Council,” I noticed.
