ECB Keeps Interest Rates on Hold as Deflation Risk Fades

ECB Keeps Interest Rates on Hold as Deflation Risk Fades
The European Central Bank kept interest rates on hold at record lows as data signaled that the risk of deflation in the euro area is waning. The Governing Council, meeting in Frankfurt, maintained the benchmark rate at 0.05 percent. The deposit rate …
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Gundlach: Federal Reserve won't raise interest rates this year
Jeffrey Gundlach, founder of Doubleline Capital, on Wednesday predicted the Federal Reserve is not likely to raise interest rates this year despite signals from the central bank that a rate hike may be on the agenda in the near future. "If the Fed …
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