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Draghi: ECB rate decision was unanimous
FRANKFURT (MarketWatch) -- European Central Bank policy makers voted unanimously to leave interest rates unchanged Thursday amid signs of healing financial strains in the euro zone and no change in the institution's outlook on price stabiity, ECB President Mario Draghi told reporters at his monthly news conference. There was "no reason to change the decision taken last month," Draghi said. The ECB chief noted signs of healing strains in the euro-zone financial system and markets, with government bond yields "significantly lower," higher equity prices, stronger capital inflows. While "fragmentation" of euro-zone financial markets is healing, however, significant signs of strain still remain, he said, noting that improvements haven't yet fed through to the
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Draghi: ECB rate decision was unanimous
FRANKFURT (MarketWatch) -- European Central Bank policy makers voted unanimously to leave interest rates unchanged Thursday amid signs of healing financial strains in the euro zone and no change in the institution's outlook on price stabiity, ECB President Mario Draghi told reporters at his monthly news conference. There was "no reason to change the decision taken last month," Draghi said. The ECB chief noted signs of healing strains in the euro-zone financial system and markets, with government bond yields "significantly lower," higher equity prices, stronger capital inflows. While "fragmentation" of euro-zone financial markets is healing, however, significant signs of strain still remain, he said, noting that improvements haven't yet fed through to the
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