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Europe Announces €60 Billion Monthly Bond-Buying Plan

January 22nd, 2015

Via: Yahoo:

Taking a page from the Ben Bernanke playbook, Mario Draghi and the European Central Bank announced a bond buying program this morning to the tune of €60 billion a month through September of 2016 for a total of about €1.2 trillion. The program is an attempt to turn around Europe’s lagging economy, boosting inflation that came in at 0.2% in December.

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