Make Kitco Your Homepage

ECB to discuss revisiting cheap loans to banks amid uncertain outlook: minutes

Kitco News

FRANKFURT, Jan 10 (Reuters) - European Central Bank policymakers gathering in December suggested revisiting the use of cheap, multi-year loans to banks in the months ahead and sparred on the outlook for the euro zone's economy, minutes of the meeting showed on Thursday.


"Looking ahead, the suggestion was made to revisit the contribution of targeted longer-term refinancing operations to the monetary policy stance," the ECB said in its account of the Dec 12-13 meeting.


(Reporting By Francesco Canepa; Editing by Toby Chopra)

004906975651247; Reuters Messaging: francesco.canepa.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News