The European Central Bank (ECB) has made a bold move to tackle low inflation and weak growth in the Eurozone by further cutting interest rates and introducing new stimulus plans.
President Mario Draghi revealed on 4 September (PP Online 5 September) that the central bank had cut its main refinancing rate from 0.15% to 0.05% and its deposit rate from -0.1% to -0.2%. He al...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders