ECB eyes more bond buys, cheap loans in December as Covid-19 pandemic hits


By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank committed on Thursday to take new action to contain the growing fallout from a second wave of coronavirus infections, saying it would hone its response by the time of its December meeting.

While the bank's Governing Council left policy unchanged this time around, it was the clearest hint yet of more stimulus to come as new national lockdown measures make a double-dip recession increasingly likely for the euro zone economy. "We agreed,.....

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