European Central Bank cuts main interest rate
March 10 , 2016
As a part of a package of measures, which are aimed at reviving the economy of the Eurozone, The European Central Bank has slashed its main interest rate to 0 percent from 0.5 percent. According to media reports, the ECB will also be expanding its quantitative easing program every month. The program would be expanded from €60bn to €80bn.