Europe struggling economy. Monetary stimulus remains necessary to support the economy create coverage and to safeguard the medium term price stability. No warning from the International Air transport association revealed the delivery of any future product or acting will require some careful planning called it the largest single transport challenge ever we have a lot to get here so lets get started. On thursday the European Central bank announced its plan to keep Interest Rates unchanged e. C. B. President Christine Legarde said they are closely monitoring inflation to reach a level close to but below 2 percent we will keep the key e. C. B. Interest rates unchanged. We expect them to remain at their present in lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to but below 2 percent weve been a projection. And such convergence has been consistently reflected in underlying inflation dynamics this comes as the euro continues to strengthen
Underlying inflation dynamics this comes as the euro continues to strengthen last week it hit a 2 year high following the meeting the euro jumped point 8 percent since march its risen about 11 percent against the u. S. Dollar while a guard also said the bank will continue its purchase under the pandemic bond buying with the lope of 1350000000000. 00 euros the program is set to continue until june of 2021 well that number is expected to increase before the end of the year. Come on the state of this state of the Global Economy we are joined by boone was cohost chrystia and founder and chief Market Strategist of the technical traders dot com chris for me and chris lets start with you although the e. C. B. Decided against any major policy action this thursday analysts theyre still expecting like i said the increase in the total amount of the program before the end of the year how is this recovery actually tracking and will there be any further monetary easing by the e. C. B. Given the rise
A new gold rush is underway and gonna thousands of ill equipped workers off flocking to the gold fields hoping to strike it rich. As. Children otoole in between gold. From me was very poor i thought i was doing my best to get back to school which side will have the strongest appeal. This is boom bust the one business show you cant afford to miss and sam on to fail in washington coming out on thursday to hear cant. Until bank match to discuss europes struggling economy. Monetary stimulus remains necessary to support the economy create culverin and to safeguard medium term price stability. The warning from the International Air transport association revealed the delivery of any future product or actually will require some careful planning call that the largest single transport challenge ever we have a lot to get to with the lets get started. On thursday the European Central bank announced its plan to keep Interest Rates unchanged e. C. B. President Christine Legarde said they are closely