European Central Bank announces huge stimulus program

``In its most aggressive move yet to rouse the listless eurozone economy, the European Central Bank agreed Thursday to buy 60 billion euros a month in bonds to hold down interest rates and pump cash into the banking system. The purchases of government and additional private-sector bonds will begin in March and continue through at least September 2016, totaling about 1.1 trillion euros. That's more than the 500 billion euros initially expected.''