Buy Banking Stocks For Today: 7th March

[Mugdha]

All eyes will be on Bank of Japan, European Central Bank and Bank of
England meet today. Among the three central banks, the ECB, which
meets in Frankfurt against a backdrop of political deadlock in Italy,
is expected to hold fire for now, but perhaps open the way to looser
policy in the future. The BoE is seen most likely to add more stimulus
to the economy having faced a drip-feed of dismal economic data
recently. A growing number of economists reckon another 25 billion
pounds of government bond buying is in the offing....

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