The European Central Bank is expected to keep interest rates at a record low of 1.0 percent at its meeting on Thursday, and hold off until March before looking at an unwinding strategy for crisis support measures.
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All 86 economists in a recent Reuters poll expected the ECB to keep rates at their record low of 1.0 percent this month and only two saw any change before the middle of the year.
ING senior economist Carsten Brzeski said thrill-seekers could safely disregard Thursday’s monthly meeting, just three weeks after the January decision, and come back in March.
“Then, the ECB will present the latest staff forecasts and probably also (decide) whether and when the ECB’s open market operations return to flexible tenders and limited allotments,” he said.
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