Central banks react to eurozone situation

europe-bomb

Following the European Central Bank's decision to cut rates on Thursday, when new president Mario Draghi warned of a "mild recession" in the region, global central banks have responded.

Reducing its lending rate by 0.35 percentage points to 1.2%, the National Bank of Denmark said the move was "a consequence of the reduction by the European Central Bank of its rate on the main refinancing operations by 0.25 percentage points to 1.25%". The central bank also revealed it had purchased unspecified

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: