ECB cuts interest rates to -0.50%

Restarting quantitative easing

David Brenchley
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September's ECB meeting was president Mario Draghi's last
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September's ECB meeting was president Mario Draghi's last

The European Central Bank has put interest rates further into negative territory with a 10 basis point cut to -0.50%, it announced on Thursday (12 September).

The central bank also said it would restart its quantitative easing (QE) policy from 1 November, at a monthly rate of €20bn. The cut in the interest rate represents a fresh all-time low for the Continent....

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