ECB's latest QE no guarantee eurozone slump will stop
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London
IN HIS swan song address, European Central Bank (ECB) president Mario Draghi announced that the central bank would cut rates and boost quantitative easing (QE) or monetary easing.
He said on Thursday that the eurozone economy was in a period of "protracted" economic weakness, with inflation staying low and the balance of risks tilted towards the downside.
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