Thursday, January 22, 2015

Euro falls on ECB's quantitative easing announcement

The European Central Bank has announced a landmark 1.1 trillion euro injection into the Eurozone's weak economy.

The long expected move follows similar action by the US's Federal Reserve back in 2008 as well as the Bank of Japan who've undertaken big bond buying programs to stimulate spending.

Our Europe correspondent Sandra Gathmann reports:

IN: "After the…"
OUT: SOC  
DUR: 41 seconds