European Central Bank Runs Out of Ammo to Stop Eurozone Recession

2019-9-13 15:18

“Whatever it takes. ”  That’s the mantra of Mario Draghi and the European Central Bank (ECB) as they slashed interest rates yet further into negative territory on Thursday. The ECB cut the base rate to -0.

5% and unleashed another aggressive bond-buying program (€20 billion) in a bid to stimulate the eurozone economy.   But as the eurozone […]

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Источник: ccn.com

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