ECB introduces Quantitative Easing from Nov 1 at 20 bn Euro/month


The European Central Bank approved a fresh stimulus package as expected on Thursday, cutting interest rates and approving a new round of bond purchases to prop up euro zone growth and halt a worrisome drop in inflation expectations.   The ECB cut its deposit rate to a record low -0.

5% from -0.4% and will restart bond purchases of 20 billion euros a month from November, it said in a statement.   With inflation falling, Germany skirting a recession and a global trade war sapping domestic confidence, the ECB had all but.....

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