ECB Cuts Rates and Signals QE; EUR/USD Outlook

The European Central Bank (ECB) met and voted on its monetary policy. The bank surprised forecasts as the governing council voted to cut the benchmark interest rate from 0.15% to 0.05%. It also reduced the deposit rate from -0.1% to -0.2% to discourage saving and encourage more lending. More…

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ECB Cuts Rates and Signals QE; EUR/USD Outlook

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