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European Central Bank President Mario Draghi on Thursday indicated that policy makers discussed a rate cut, telling reporters that the Governing Council had a "wide" discussion on interest rates but that the "prevailing consensus" was to leave them unchanged
Draghi also said policy makers discussed the possible "complexities" of implementing a negative deposit rate, but that the panel didn't elaborate further
Earlier, the ECB left its key lending rate unchanged at 0.75% and held the deposit rate it pays on deposits left with the institution at 0%
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Trombas de Liquidez del BCE a los Bancos Europeos hasta Jun 2013 para que compren más deuda de los Paises. Arruinan Gentes @fundjoseantonio
FRANKFURT (MarketWatch) -- European Central Bank staff economists revised down their euro-zone economic projections for 2012 and 2013, ECB President Mario Draghi said Thursday, painting a picture of sluggish growth.
ECB staff expect 2012 gross domestic product to shrink between 0.6% and 0.4%.
In 2013, GDP is expected to come in between a 0.9% contraction and growth of 0.3%, while 2014 GDP is expected to grow between 0.2% to 2.2%.
ECB staff in September had forecast 2013 GDP to range between a contraction of 0.4% and growth of 1.4%.
Draghi told reporters at his monthly news conference that the economy was likely to remain weak into 2013, with a gradual recovery taking hold later next year, aided by an improved global backdrop and the ECB's own accommodative monetary policy.
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