ECB holds rates, alters forward guidance

PUBLISHED: Thu, 25 Jul 2019 14:06:34 GMT


The European Central Bank (ECB) says it expects rates to stay at present or lower levels at least through the first half of 2020. The bank’s Governor, Mario Draghi made this known while announcing the decision to hold interest rates. Chinonye Nnewuihe, Senior Analyst at Meristem Securities joins CNBC Africa for more.

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