Money Minute Thursday 23 January: European interest rates

In today's Money Minute we look ahead to Christine Lagarde's second interest-rate-setting meeting at the European Central Bank.

The European Central Bank makes its first decision on interest rates for this year this afternoon. Inflation in the eurozone remains well below the target of near-2%, so eurozone interest rates are almost certain to remain where they are, at negative 0.5%. The ECB will also continue to print money via quantitative easing.

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