The European Central Bank signalled it would expand its €1.1tn quantitative easing programme in December and cut its deposit rate should the slowdown in emerging markets threaten the eurozone’s economic recovery.
The euro fell 1.67 per cent against the dollar to $1.116 after Mario Draghi, the ECB’s president, said policymakers’ measures would need to be “re-examined” at its December 3 vote.
He said the ECB stood ready to adjust the “size, composition and duration” of its QE programme. At the moment, it is buying €60bn of mostly government bonds a month and has said it will continue to do so at least until September 2016.
您已阅读41%（626字），剩余59%（885字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。