European Central Bank sticks to its guns on interest rates despite market turmoil

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'A dramatic decision indeed' IanKingSky reacts to the latest European Central Bank announcement. Read more: 📺 Sky 501, Virgin 602, Freeview 233 and YouTube

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It highlighted the current"severe" market tensions as a potential risk to the eurozone economy as the pressure on banks could dampen the provision of credit. Major US banking stocks were down by about 1% at the open in New York - building on the big losses of recent days. Regulators, including those in the UK, have insisted that there is no systemic risk and that banks are far better capitalised than they were before the financial crisis.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

lindayueh too many banks - not enough regulation....end bonus culture, tax havens, 100%loans..and get back to investments, ISAs, stocks and shares clubs..

lindayueh

I always wondered what the devil would look like now I know.

🤡

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