iBankCoin
Joined Nov 11, 2007
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Euribor Rates Fall After ECB Discusses Rate Cut

“FRANKFURT (Reuters) – Key Euribor bank-to-bank lending rates fell on Friday, a day after European Central Bank President Mario Draghi said the bank discussed cutting interest rates at its December meeting but in the end decided to leave them unchanged at 0.75 percent.

Draghi said on Thursday there had been “a wide discussion” on rate cuts during the Governing Council meeting, which fuelled expectation that the ECB was ready to lower rates further in the coming months.

The central bank also announced a six-month extension to its full-allotment policy in all liquidity operations….”

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