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12-03-2015, 03:01 AM
MORNING BID EUROPE-After the talk, ECB set to act

[Reuters - UK Focus] - The ECB has for weeks been talking up the likelihood of more stimulus at its rate-setting meeting today but what measures it will take is still up in the air. The Governing Council is expected to debate a wide range of options, from a fairly uncontroversial deposit rate cut to a highly unorthodox scheme to buy up bundled non-performing loans. Other proposals under discussion have included more extreme ideas, like a two-tier deposit rate that would punish banks parking too much cash with the central bank instead of lending the money (we'd need to check what the fall-out for banks would be if that happens).

MORNING BID EUROPE-After the talk, ECB set to act - Yahoo Finance UK (http://us.rd.yahoo.com/finance/news/rss/story/*http://uk.finance.yahoo.com/news/morning-bid-europe-talk-ecb-081015244.html)