The European Central Bank left interest rates unchanged Thursday, but dropped a reference toward possibly cutting rates further. The ECB now says that it expects to keep rates at 'present levels for an extended period of time.'
ECB President Mario Draghi largely reiterated prior comments, noting that inflation remains low while the eurozone economic momentum has improved. He didn't offer early hints that he would move quickly to pull back on aggressive monetary policy, notably ECB bond buying.
Stock futures for the Dow Jones industrial average, S&P 500 index and Nasdaq 100 remained fractionally higher. The euro fell dipped vs. the dollar. Gold futures fell on the stronger dollar. The Spdr Gold ETF (GLD) edged lower in the premarket.
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