The European Central Bank has unleashed new stimulus for the eurozone economy, cutting a key deposit rate and extending an asset-buying program in a bid to boost inflation and encourage more lending by banks.
The planned US tariffs on steel and aluminum have not gone down well with the United States' trading partners. With trade tensions intensifying, will we also see a currency war to make things even worse?
The European Central Bank has left interest rates and massive support for the eurozone economy unchanged, despite sharp upgrades to the bank's growth forecasts. But inflation will remain stubbornly low, the ECB says.
Policymakers from the US Fed, the European Central Bank and the Bank of England have described the recent sell-off in stock markets as a healthy correction, saying this won't knock them off their monetary policy path.
ECB governors have signalled greater confidence in the eurozone economy following a meeting of the central bank's rate-setting council. Policymakers dropped language of boosting the ECB's massive bond-buying program.
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