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Traders Thread - Thursday 22nd January (TRAD)     

skinny - 22 Jan 2015 13:49 - 9 of 11

skinny - 22 Jan 2015 13:55 - 10 of 11

Massive QE programme for eurozone

The European Central Bank (ECB) has announced it will inject billions of euros into the ailing eurozone economy.

The ECB will purchase bonds worth €60bn per month until the end of September 2016 - far more than previously expected.

The ECB has also said eurozone interest rates are being held at the record low of 0.05%, where they have been since September 2014.

ECB president Mario Draghi said the programme would begin in March

skinny - 22 Jan 2015 15:09 - 11 of 11

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