ECB Targeted Loans Issued Below Estimates

The European Central Bank’s first targeted-loan program came in below estimates in a sign that President Mario Draghi has a way to go to meet his stimulus target. The Frankfurt-based central bank said it alloted 82.6 billion euros ($106.5 billion) at a fixed interest rate of 0.15 percent in its …

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ECB Targeted Loans Issued Below Estimates

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