ECB holds rates as Draghi is ‘caught between doves and hawks'

ECB governing council

The European Central Bank (ECB) today kept its policy interest rates the same, in the face of an economic recovery in most of the eurozone which was judged not deep rooted enough to warrant a change in policy.

Draghi said the governing council had even discussed cutting interest rates further – saying several governors of national central banks believed the European economic recovery is "too green" to take rate cuts off the table.

The inflation outlook, he said, "should remain in line with price

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.