Today, the S&P BSE Sensex started flat note in morning trading even though ECB expanded stimulus but warns that it was running out of room to cut down interest rates.Click for free stock tips
The euro zone central bank on yesterday cut deposit rate by 10 basis pts to -0.4 per-cent from -0.3 per-cent & increased its monthly asset purchases volume to 80 billion from 60 billion earlier.
"Interest Rates will stay low, very low, for a long duration and well past the horizon of our purchases," Draghi told, referring to the bank's asset purchase programme, which is due to close in March 2017.
The euro zone central bank on yesterday cut deposit rate by 10 basis pts to -0.4 per-cent from -0.3 per-cent & increased its monthly asset purchases volume to 80 billion from 60 billion earlier.
"Interest Rates will stay low, very low, for a long duration and well past the horizon of our purchases," Draghi told, referring to the bank's asset purchase programme, which is due to close in March 2017.
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