trending Market Intelligence /marketintelligence/en/news-insights/trending/k1k9LVW2TMLD4x5cERBm_A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

ECB maintains rates at Draghi's last monetary policy meeting

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


ECB maintains rates at Draghi's last monetary policy meeting

The European Central Bank maintained its rates, as expected, marking the last monetary policy decision under Mario Draghi's presidency.

The ECB maintained the interest rate on the main refinancing operations and rates on the marginal lending and deposit facilities at 0.00%, 0.25% and negative 0.50%, respectively.

The rates are expected to remain at their present or lower levels until inflation converges to the central bank's target of close to, but below, 2%.

The asset purchase program will begin from Nov. 1 at a monthly pace of €20 billion, as announced last month, when the ECB lowered its rate on the deposit facility as part of a much-anticipated stimulus package. The program will run for as long as needed and end "shortly before" it starts hiking rates.

The central bank will be led by Christine Lagarde from Nov. 1.

Eurozone economic growth remained close to stagnation, as the manufacturing downturn continued and the service sector expanded at one of the weakest rates since 2014, according to IHS Markit.

Nordea Markets' Inge Klaver, Anders Svendsen and Tuuli Koivu expect further ECB policy easing in December given subdued economic growth, with another rate cut and an expansion of the asset purchase program.