fresh-stimulus
ECB’s Draghi signals end to rate cuts, overshadows stimulus
March 10, 2016 by elegant · Leave a Comment
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank chief Mario Draghi unleashed a bold easing package on Thursday, cutting rates and expanding asset buys, but undid the very stimulus he hoped to achieve by suggesting there would be no further cuts. Seeking to resurrect corporate activity and investments, the ECB said it …
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ECB’s Draghi signals end to rate cuts, overshadows stimulus