Thursday, 22 January 2015

ECB announces milestone €1.14tn ‘easy money’ program — Under this expanded program, the combined monthly purchases of public and private securities will amount to €60 billion, intended to be carried out to 2016,” Draghi said Thursday. The bank will buy €1.14tn ($1.3 trillion) in government debt, a decision that will inject extra money into supply, spurring a devaluation in the currency : RT Business

 

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