The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday.
With the euro zone economy stuck in recession, the ECB cut its main refinancing rate to a record low of 0.5 percent and extended its provision of unlimited funds to banks by a year at its May policy meeting,
http://www.bnn.ca/News/2013/5/17/ECB-to-keep-monetary-policy-loose-for-as-long-as-needed.aspx#.UZYy3IDJUzw.facebookhttps://www.facebook.com/BradHermanRealEstate?ref=tn_tnmn
