European Central Bank to Expand QE, Cuts Interest Rates Further

The European Central Bank cut all its interest rates and expanded its monthly bond purchases by a third as President Mario Draghi strives to fend off the threat of euro-area deflation. The euro sank and stocks rose.

Sourced through Scoop.it from: www.bloomberg.com

See on Scoop.itPublic-Private Duality, Economic Crisis, and New Financial Trends

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