ECB reaches for the big guns | Business| Economy and finance news from a German perspective | DW | 10.03.2016
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ECB reaches for the big guns

The ECB has reached for the big guns. It cut all three of its main interest rates and expanding its already massive bond-buying program. The goal is to head off massive deflation - one that could trap the Eurozone in a spiral of dropping wages, consumption and investment. But the drastic measures also send out a signal - the eurozone economy may be in bigger trouble than initially thought.

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