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DAX Slides Ahead Of ECB Decision


DAX Slides Ahead Of ECB Decision
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks were moving lower on Thursday as investors awaited the U.S. inflation report and the ECB s rate decision for directional cues.
It is feared that signs of unchecked inflation could prompt the U.S. Federal Reserve to start tapering its massive stimulus.
Markets expect the European Central Bank to maintain its current asset purchase program and avoid any tapering talk. The main refi rate is expected to be retained at a record low zero percent.
The outcome of the governing council meeting of the ECB is due at 7.45 am ET. After the meeting, ECB Chief Christine Lagarde holds the press conference in Frankfurt at 8.30 am ET. ....

Bruxelles Capitale , Christine Lagarde , European Central Bank , ப்ரூக்ஸெல்ஸ் தலைநகரம் , கிறிஸ்டின் லகார்ட் , ஐரோப்பிய மைய வங்கி ,