The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. 'There are no limits.'
The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. 'There are no limits.' response to the coronavirus in a bid to calm financial markets.
It follows similar plans by the Federal Reserve and numerous major economies to stem the damage from Covid-19. response to the coronavirus in a bid to calm financial markets. The ECB had been under pressure to respond following a decision by the Federal Reserve Sunday to provide a $700 billion stimulus package while also bringing interest rates close to zero in the US.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
European markets shun ECB stimulus package and head for lower openEuropean markets are expected to open lower despite the European Central Bank launching a 750 billion euro (around $821 billion) bond-buying program.
Les mer »
Australia stocks jump more than 2% as ECB announces $821 billion stimulus packageThe European Central Bank announced a new €750 billion ($821 billion) Pandemic Emergency Purchase Programme which will purchase securities to help support the European economy.
Les mer »
ECB to print 1 trillion euro this year to stem coronavirus routThe European Central Bank launched 750 billion euro emergency bond purchase sche...
Les mer »
Historic Market Plunge Amid Global Scramble To Contain 'Invisible Enemy'Despite emergency action from global central banks over the coronavirus pandemic, trillions of dollars in market value have been wiped out.
Les mer »
ECB launches new $820 billion coronavirus packageThe ECB has launched a 750 billion euro ($820 billion) asset purchase program in an effort to help mitigate the impact of the coronavirus outbreak, as the death toll in Europe hits new highs.
Les mer »
Investors in World Bank's 'pandemic bonds' face big losses due to the coronavirus outbreakThose bonds, issued by the World Bank's International Bank for Reconstruction and Development in 2017, were designed to pay out funds to countries which need help to contain a pandemic.
Les mer »