UPDATE 4-ECB promises stimulus buys “as long as necessary”
The European Central Bank
promised an indefinite supply of fresh asset purchases and cut
interest rates deeper into negative territory on Thursday in an
effort to prop up the ailing euro zone economy that was cheered
by financial markets.
promised an indefinite supply of fresh asset purchases and cut
interest rates deeper into negative territory on Thursday in an
effort to prop up the ailing euro zone economy that was cheered
by financial markets.
Posted by Reuters