from Gold Core:
The European Central Bank’s interest rate announcement is the main headliner today. Policy makers may push the deposit rate into negative territory for the first time and could launch other liquidity measures including some form of quantitative easing.
Investors later Thursday will look for a report on U.S. weekly unemployment claims and a reading on first-quarter household-debt growth. Friday, of course, brings the important U.S. nonfarm-payrolls report.
The European Central Bank is poised to impose negative interest rates on its overnight depositors, seeking to cajole banks into lending and to prevent the euro zone falling into Japan-like deflation.
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