Sunday, June 7, 2020

Coronavirus stimulus: ECB announces further $676 billion

Coronavirus stimulus: ECB announces further $676 billion

The European Central Bank increased its Pandemic Emergency Purchase programme by a further

($676 billion) on Wednesday.


The new package takes the ECB's total announced monetary stimulus to 1.35 trillion euros ($1.52 trillion).

ECB left key interest rates unchanged.

ECB also extended its horizon for net purchases until at least June 2021.

Read in Business Insider: https://apple.news/AMXska8cIR22638uAOIW7Cw



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