Most Popular
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Now is no time to add pressure on businesses: top executives
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CJ CheilJedang to spur overseas growth with new Hungary, US plants
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Seoul to host winter festival from Dec. 13
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Nationwide rail disruptions feared as union plans strike from Dec. 5
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Blackpink's solo journeys: Complementary paths, not competition
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N. Korea, Russia court softer image: From animal diplomacy to tourism
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[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
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Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
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Korean Air offers special flights for mileage users
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Defense ministry denies special treatment for BTS’ V amid phone use allegations
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FRANKFURT, Germany (AP) – The European Central Bank has cut all its main interest rates including a surprise reduction in the main refinancing rate to zero percent from 0.05 percent.
It also reduced the interest rate on deposits held by banks at the central bank to minus 0.4 percent from minus 0.3 percent.
And it expanded its monthly bond-buying program to 80 billion euros ($85 billion) a month from the previous 60 billion.
It also reduced the interest rate on deposits held by banks at the central bank to minus 0.4 percent from minus 0.3 percent.
And it expanded its monthly bond-buying program to 80 billion euros ($85 billion) a month from the previous 60 billion.
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