Flash Notes

However, in a key change, the ECB removed language from its policy statement indicating rates could go lower in the future.

    The ECB said it continued to expect interest rates “to remain at present levels for an extended period of time, and well past the horizon”of its asset-buying program, which is set to run at least through December. In previous statements, the ECB had said it expectedrates “to remain at present or lower levels for an extended period of time”.