The central bank's staff cut their prediction for economic output in the
euro zone to 0.8 per cent in 2014, 1.0 per cent in 2015 and 1.5 per
cent in 2016.
The ECB cut all its main rates to record lows in a drive to fight off the risk of Japan-like deflation and bring down the euro's exchange rate. For the first time, it will charge banks 0.10 per cent f...
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