European Central Bank Runs Out of Ammo to Stop Eurozone Recession thumbnail

European Central Bank Runs Out of Ammo to Stop Eurozone Recession

Whatever it takes. 
Thats 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 (…
Read more on the page of the original source

Posted in General.

Leave a Reply

Your email address will not be published. Required fields are marked *