ECB Keeps Rates Steady

The European Central Bank has decided to hold interest rates steady after their latest meeting. The ECB has been criticized for having “loose” policies, but they are actually doing quite well when it comes to maintaining growth within the euro zone. Another thing to come out of the latest ECB meeting was the fact that they are going to continue their euro buyback program until at least March. This program has also been criticized with their interest rate policy, but again, the euro zone is currently seeing very similar growth to the United States’ economy right now, indicating that it is working, at least for the time being. Continue reading