ECB Keeps Rates Unchanged as Growth Risks Diminish

ECB Keeps Rates Unchanged as Growth Risks Diminish

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The ECB has decided to maintain the current interest rates, expecting them to stay at present or lower levels for an extended period. The net asset purchases will continue at a monthly pace of €60 billion until at least December 2017, or longer if needed, to ensure inflation aligns with the ECB's target. These measures aim to maintain favorable financing conditions and support the euro area's economic recovery, which is showing signs of strengthening with reduced downside risks.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What decision did the ECB make regarding the key interest rates?

To keep them unchanged

To eliminate them

To increase them

To decrease them

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Until when are the ECB's net asset purchases intended to run?

End of March 2017

End of June 2017

End of December 2017 or beyond if necessary

End of December 2018

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the monthly pace of the ECB's net asset purchases?

€30 billion

€90 billion

€120 billion

€60 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ECB's inflation target over the medium term?

Above 2%

Below but close to 2%

Exactly 2%

Below 1%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has the ECB's monetary policy helped to achieve in the euro area economy?

Higher unemployment

Solid cyclical recovery

Economic stagnation

Increased inflation