ECB Asset-Buying Not Likely

06 May 2009

European Central Bank is expected to cut interest rates to a record low 1%, but not likely to engage in a program to buy assets.

European Central Bank is expected to cut interest rates to a record low 1%, but not likely to engage in a program to buy assets. If the ECB decides not to follow the U.K., for example, in its quantitative-easing scheme, the central bank would be in good company. ...

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