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ECB ready with QE measures to battle deflation
Published Sun, Jan 18, 2015 · 09:50 PM
Frankfurt
The stage is set this week for the European Central Bank to unleash its biggest weapon yet in the battle against deflation in the eurozone, analysts said.
Financial markets and ECB watchers are betting that central bank chief Mario Draghi will unveil a programme of sovereign bond purchases known as quantitative easing (QE) at the first policy meeting of this year on Thursday.
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