ecb pushes back rate hike, offers cheap cash to banks /

Published at 2019-03-08 01:54:00

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The European Central Bank changed tack on its tightening plan,pushing back the timing of its first post-crisis rate hike until 2020 at the earliest and offering banks a new round of cheap loans to support revive the eurozone economy, Reuters reports. The bolder-than-expected straggle came as the US Federal Reserve and other central banks […]

Source: ejinsight.com

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