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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (67581)	9/12/2019 8:50:56 AM
From: Goose94	Read Replies (1) of 202843

Gold: QE Just in time for Christine Lagarde’s debut as president, the European Central Bank will launch an asset-purchase program in November “for as long as necessary to reinforce the accommodative impact of its policy rates”. It’s also pushing the deposit rate for banks deeper into negative territory and says rates will stay where they are until there’s a “robust” improvement in the inflation outlook. Less than a half hour after the ECB decision, U.S. President Donald Trump reacted via Twitter, saying “they are trying, and succeeding, in depreciating the Euro … And the Fed sits, and sits, and sits.” BNN.ca

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