ECB cuts 10bps, QE restarted at €20bn pace

ECB cuts 10bps, QE restarted at €20bn pace

The European Central Bank has lowered its deposit rate by 10 basis points from -0.40% to -0.50%

However, the ECB announced that it will restart its QE program from November 1, buying 20 billion euros per month with no time limit. The ECB will stop purchases before raising rates.

12 Sep 19 (Thu)

11:53 am



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