ECB cuts Eurozone inflation and growth outlook; stresses willingness to act
Posted on September 3, 2015 at 2:48 pm GMTThe European Central Bank (ECB) kept its key interest rates unchanged at its latest monetary policy meeting. The size of its asset purchase program was also kept unchanged at €60 billion per month. However, the ECB announced changes to the limit of the share of a country’s debt issue that the central bank can purchase. It increased the issue share limit from 25% to 33%, following a review of the program after the first six months of purchases. In its [..]