Posted inEuropean Union, World

ECB drops option to boost crisis-era stimulus

The European Central Bank on Thursday dropped the so-called “easing bias” – language endorsing an option to boost asset-purchases if needed – from its regular statements. While the step signals movement toward ending the crisis-era quantitative easing program, ECB President Mario Draghi did the bare minimum needed to appease hawks, signaling that record-low interest rates […]

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