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ECB introduces Quantitative Easing from Nov 1 at 20 bn Euro/month

The ECB cut its deposit rate to a record low -0.5% from -0.4%

Topics
European Central Bank

Reuters  |  Frankfurt 



The headquarters of the European Central Bank (ECB) are pictured in Frankfurt
The headquarters of the European Central Bank (ECB) are pictured in Frankfurt

The approved a fresh stimulus package as expected on Thursday, cutting interest rates and approving a new round of bond purchases to prop up euro zone growth and halt a worrisome drop in inflation expectations.

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First Published: Thu, September 12 2019. 17:30 IST

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