European Central Bank cuts interest rates to record low
The European Central Bank has slashed interest rates further into negative territory, its latest attempt to stimulate the ailing eurozone economy.In addition to cutting its benchmark deposit rate by 10 basis points to -0.5 per cent, the ECB has reintroduced a massive quantitative easing program, starting from November.
https://www.abc.net.au/news/2019-09-13/european-central-bank-ecb-cut-rates-negative-record-low/11508704
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