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
Later this week ill meet with Prime Minister netanyahu because he will be in germany moment. Coming through at that well meet there. Thenally go to the region and i will meet with king ab dudullahd others. Ill have key meetings on the subject of syria with critical players with respect to that. So we are as deeply aged as i can ever remember in trying to help resolve some of these very complicated explosions sectarianism, and violent extremism. All right. Lets go to phil black in jerusalem who has been covering the story. After listening to the secretarys words and talking about these upcoming discussions and meetings, how influential can he be and what can he offer to try to quell some of the violence here . Well, i guess what hes hoping to do is lower the tensions to get the sides to step back a little. On the subject of the tensions, i want to show you what is going on behind us. Give you a sense of why things here are as tense and strained as they are at the moment. Were at the out
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