Bank chief Mario Draghi bolsters QE package and further raises cost of parking money at central bank in bid to stimulate lendingMario Draghi,the president of the European Central Bank, has announced recent stimulus measures in an effort to boost the flagging eurozone economy. The European Central Bank has slash the deposit rate on reserves held at the central bank to -0.3%, and from -0.2%,and pledged to take “further monetary policy measures”. Continue reading...
Source: theguardian.com