ECB telegraphs December stimulus but interest rate cuts unlikely

ECB will 'recalibrate' its 'instruments'

David Brenchley
ECB President Christine Lagarde. Photo: WTO/Jay Louvion/Flickr CC BY-SA 2.0

ECB President Christine Lagarde. Photo: WTO/Jay Louvion/Flickr CC BY-SA 2.0

The European Central Bank (ECB) is readying to provide further easing measures for the eurozone economy as it fights against the impacts of the coronavirus pandemic.

The ECB decided against cutting interest rates at Thursday's meeting, despite many of its largest constituents deciding to implement further restrictions and lockdowns to stave off a second wave of Covid-19...

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