The European Central Bank (ECB) has cut interest rates that were already close to zero and introduced a stimulus plan in a bid to kick-start the eurozone economy.
President Mario Draghi's announcement on 4 September was in response to low inflation, poor growth in bank lending and weak economic data over August. The central bank cut its main refinancing r...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date