The ECB noted a slowdown in the eurozone. The growth forecast for 2019 has been reduced to +1.1%, immediately by 0.6%.
ECB lowers inflation forecast.
The ECB left rates unchanged (base 0%, deposit for banks -0.4%).
The ECB announced that in September it will launch a new program to inject liquidity into the markets and economies of the eurozone.
The euro has dropped significantly, hitting a low of 1.1230.
The material has been provided by InstaForex Company - www.instaforex.com
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