World Week Ahead ECB rate decision awaited

Sun, 03 Nov 2013

By Margreet Dietz Nov. 4 (BusinessDesk) - It’s time for US Federal Reserve officials to step to the sidelines, at least for a few days, with policymakers in Australia, the UK and Europe set to give investors some new plays. The key meeting is in Frankfurt on Thursday where the European Central Bank could decide to lower its key interest rate or opt to provide more cheap loans to the region’s banks. President Mario Draghi’s words will be monitored closely. If the ECB does move to bolster liquidity, the euro is expected to extend the two-week...

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