ECB Doing What the ECB Does: Slashing Growth Rates, Preparing More Cheap Debt
via euronews: FRANKFURT (Reuters) – The European Central Bank pushed out the timing of its first post-crisis rate hike until 2020 at the earliest and offered banks new rounds of multi-year loans in a bid to revive the currency bloc’s slowing economy, it said on Thursday. The bolder-than-expected move showed ECB was having to revisit … Read more