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Europe Daily Bulletin No. 11148

5 September 2014
ECONOMY - FINANCE - BUSINESS / (ae) ecb
Surprise interest rate cut and new private securities purchase programme

Brussels, 04/09/2014 (Agence Europe) - The European Central Bank made a surprise move on Thursday 4 September by deciding to cut interest rates and introduce special measures in the form of the purchase of private securities in order to tackle the threat of even lower inflation in the short term and encourage the financing of the real economy.

The ECB's Governing Council decided to reduce interest rates by 0.1 percent from 10 September for its main refinancing operations (to +0.05%), the...

Contents

ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EDUCATION - CULTURE
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU