The European Central Bank has announced a major plan to boost the Eurozone economy, which will include the purchase of 60 billion euros of bonds every month...
ECB President Mario Draghi said the programme is aimed at supporting the bank's objective of maintaining inflation in the eurozone at just under 2%.
The asset buying programme will start in March and run monthly until September 2016...
IN: Today's measures...
OUT: ...to improve.
DUR: 20"
http://www.fsnradionews.com/feeds/0122ecb-draghi-1.mp3
The ECB also announced interest rates are being held at the record low of 0.05%.
ECB President Mario Draghi said the programme is aimed at supporting the bank's objective of maintaining inflation in the eurozone at just under 2%.
The asset buying programme will start in March and run monthly until September 2016...
IN: Today's measures...
OUT: ...to improve.
DUR: 20"
http://www.fsnradionews.com/feeds/0122ecb-draghi-1.mp3
The ECB also announced interest rates are being held at the record low of 0.05%.