Relevant:
- ECB Accelerates Covered-Bond Purchases in Second Week
- Mario Draghi: ECB prepared to cut interest rates and expand QE (AKA "DO WHATEVER IT TAKES 2.0"...)
- ECB Cuts Key Rate to Record Low to Fight Deflation Threat
- European shares boosted by Mario Draghi's dovish tone
- European Central Bank announces huge stimulus program
2015-03-06 — euobserver.com
``The Frankfurt-based bank on Thursday (5 March) announced it would purchase €60 billion of bonds per month, with the programme set to run until September 2016... Prices across the eurozone have now fallen for three consecutive months, raising the likelihood of a prolonged period of deflation. ECB President Mario Draghi said the programme would remain until the bloc's inflation rate is close to its 2 percent target rate.''
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