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11th Mar 2016 03:34Eurozone, Economic Monitor

The ECB atoned for its "mistake" in December yesterday by delivering a new easing package that significantly beat markets' expectations. The central bank cut its main refi and marginal lending facility rates by 0.05 percentage points, to 0.00% and 0.25% respectively.

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Keywords for: 11 Mar. 2016 Significant Easing by the ECB Despite Markets' Initial Dissent

monetary, euro, eurozone, ecb, markets, qe, interest rate, draghi, gdp, france, french, germany, exports, tltro,