By William Watts, MarketWatch
The European Central Bank made no changes to its statement on Thursday, leaving interest rates unchanged and repeating its promise to keep buying bonds until the end of September, or beyond, if necessary.
ECB President Mario Draghi’s new conference was closely watched for clues to how and when policy makers plan to wind down the bank’s program of quantitative easing. Of particular interest was Draghi and fellow policy makers assessed softer-than-expected first-quarter eurozone economic data and its influence on the ECB’s policy discussions.
Here’s a recap of the action—and the reaction by the euro /zigman2/quotes/210561242/realtime/sampled EURUSD +0.0461% , government bonds /zigman2/quotes/211347112/realtime BX:TMBMKDE-10Y -0.20% and stocks /zigman2/quotes/210599654/delayed XX:SXXP +0.02% :