The European Central Bank has cut interest rates further below zero and will start open-ended bond purchases as its president Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the eurozone economy.
It will buy debt at a pace of €20 billion a month starting on November 1. The main refinance rate - which influences tracker mortgages - stays at zero per cent.
The dovish policy shift weighed on the...
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