ECB to look for more tools amid EU summit

Note: This section contains information in English only.
Source: Bloomberg
The ECB is likely to look for new ways to boost bank lending and halt the slowdown of the European economy today, while EU policy makers will attempt to create a fiscal union on the summit starting tomorrow. According to a Bloomberg survey, majority of investors expect the benchmark rate to be lowered by 0.25% to 1% at the regular ECB meeting today.

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