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TheBlock 2019-09-12 12:52:45

ECB resumes quantitative easing after 9 months and cuts deposit rate to -0.5%

European Central Bank (ECB) announced Thursday that it will resume quantitative easing program on November 1 with monthly purchases of €20 billion in bonds and run the program “for as long as necessary” until it starts seeing an increase in its key interest rates.The post ECB resumes quantitative easing after 9 months and cuts deposit rate to -0.5% appeared first on The Block.

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