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ECB leaves rates unchanged

Focus will be on the central bank president's news conference later today for clues as to when tapering of its asset purchases might begin

ECB leaves rates unchanged

The European Central Bank, as expected, left interest rates unchanged Thursday while reiterating its plan to buy €60bn of government bonds and other assets each month through December, "or beyond, if necessary", MarketWatch reports.

Investors are expected to focus on ECB President Mario Draghi's news conference for clues to when the bank might begin to taper and wind down its asset purchase programme. Draghi's news conference is scheduled to begin at 2:30 p.m. Frankfurt time, or 8:30 a.m. Eastern.

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