ECB Launches Major Stimulus Package, Cuts Key Rate

Read the Story

Show Top Comments

Bond-buying program worth €20 billion per month from November, -0.5% on bank deposits held at the ECB. Not good news for the Eurozone.

Gleitzeit

Rearranging chairs on the deck of the Titanic

Top_Cow

Euro going to parity in USD

watupmynameisx

This will likely hurt the eurozone banks like HSBC, while driving another rally in gold and silver.

Nikandro

Would be interesting to see if the single currencies would go away. Think it would gain popularity to have monetary control for a country like Germany for example.

Nexop