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ECB reaches for the big guns

Janelle DumalaonMarch 10, 2016

The ECB has reached for the big guns. It cut all three of its main interest rates and expanding its already massive bond-buying program. The goal is to head off massive deflation - one that could trap the Eurozone in a spiral of dropping wages, consumption and investment. But the drastic measures also send out a signal - the eurozone economy may be in bigger trouble than initially thought.

https://p.dw.com/p/1IBJl