ECB unveils fresh stimulus measures
European Central Bank cuts rates to new low and expands QE scheme
The European Central Bank (ECB) unveiled a series of monetary measures on March 10 to boost the eurozone's recovery by expanding the quantitative easing (QE) programme and cutting all key interest rates.
The ECB's Governing Council expanded its QE scheme from €60 billion ($87 billion) to €80 billion per month and extended the range of the programme, which now includes non-bank corporate bonds issued in the eurozone.
As part of the renewed effort to tackle low inflation and sluggish growth, the
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