ECB may announce today new economic stimulus


ECB President Mario Draghi has consistently hinted at further economic stimulus measures over the past few weeks.

The deposit rate for funds from commercial banks are expected to be decreased even further into negative territory

The European Central Bank (ECB) is expected to announce further economic stimulus, as the Eurozone economy struggles to achieve an over one percent growth and the annual inflation rate stands at minus 0.2 percent.

In February, ECB President, Mario Draghi, spoke before the European Parliament’s Committee on Economic and Monetary Affairs and said that Bank’s assets purchase program is flexible enough to adapt to changing economies and markets, underlining that the ECB has plenty of monetary pol...

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