president christine legarde said they are closely monitoring inflation to reach a level close to but below 2 percent. we will keep the key e.c.b. interest rates unchanged we expect them to remain at their present or lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to but below 2 percent within our projection or royson and such convergence.

president christine legarde said they were closely monitoring inflation to reach a level close to but below 2 percent. we will keep the key e.c.b. interest rates unchanged we expect them to remain at their present a lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to what below 2 percent within a projection or royson and such convergence has been consistently reflected in underlying inflation dynamics this comes as the euro continues to strengthen last week it hit a 2 year high following the meeting the euro jumped point 8 percent since march it's risen about 11 percent against the u.s. dollar while a guard also said the bank will continue its purchase under the pandemic bond buying with the lope of $1350000000000.00 euros the program is set to continue until june of 2021 well that number is expected to increase before the end of the year. come on the state of this state of the global economy we are joined by boone was co-host chrystia and founder and chief market strategist of the technical traders dot com chris for me and chris le

had christine legarde gave stock markets and the euro boost and she forecast the euro zone's coronavirus downturn will be less severe than feared the eurozone economy is likely to shrink by 8 percent this year euro is riding high to single currency hit $1.19 against the greenback. french luxury goods conglomerate l v m h said that it would fall its own court case against u.s. jeweler tiffany which is suing it to enforce a merger agreement signed last year l v m h had announced on wednesday it was unable to go ahead with its planned $16200000000.00 purchase of tiffany. all right speaking of jewels it's barely bigger than a lollipop but one of the world's rarest diamonds is going up for auction next month and it could fetch as much as $12.00 to $30000000.00 a souther he says that the more than $100.00 carat diamond a flawless white sparkler is the 2nd largest oval diamond of its kind to be auctioned jim goes on sale sell the bees in hong kong on october 5th or the largest ever oval diamond sold for a record breaking 30800000 dollars and 2013. reisa get your beds ready that's it for us and