ECB Cuts Rates, Announces Stimulus to Combat Low Inflation – Wall Street Journal
Wall Street Journal |
ECB Cuts Rates, Announces Stimulus to Combat Low Inflation
Wall Street Journal FRANKFURT—The European Central Bank surprised financial markets with a cut in interest rates and new stimulus plans despite opposition from Germany's powerful central bank, underscoring its urgency in keeping too-low inflation from derailing the … ECB cuts benchmark interest rate to record low Euro slumps on ECB moves; Wall Street sells off Mario Draghi impresses but more is needed |
