Singapore Stock Market News
Eurozone - ECB launches QE
StockFanatic
Publish date: Fri, 23 Jan 2015, 06:41 PM
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■ Cut interest rate on TLTROs by 10bps to 0.05%.
■ No surprise since no choice amid "stag-deflation" and as political issues (e.g. Greece election on 25 Jan 2015) constraint other measures to spur growth and boost confidence like fiscal policy and economic reforms.
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