Ex Post Facto: Behind the stories

ECB rate hold raises plenty of questions

9th February, 2014
Mario Draghi: the president of the European Central Bank kept interest rates steady.

The European Central Bank governing council clearly does not think Europe is turning Japanese. If they did, president Mario Draghi would have announced new measures to stimulate lending and fight the deflation that appears to be taking hold in the eurozone.

Instead Draghi and the governors opted to keep interest rates at 0.25 per cent and do nothing else last Thursday. The hold on rates was no surprise - another few basis points is unlikely...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say