Report
ECB eases policy stance further
As widely expected, the ECB increased the size of its purchase program by €500 billion at today’s meeting , as the short-term outlook darkened again. The ECB also improved the funding conditions for its existing long-term refinancing operations and added new operations for next year in order to ensure “favorable” financial conditions . Overall, today’s decisions were broadly in line with expectations.
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Dirk Schumacher
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