Markets rise as ECB introduces new stimulus measures

Reaction from investment experts was also broadly positive although there was some unease over the lengths to which the central bank is now having to go to surpass market expectations. On the first anniversary of the ECB's introduction of quantitative easing (QE), the revelation by its chairman Mario Draghi (pictured) that the bank's deposit rate would move 10 basis points further into negative territory, to -0.40%, was not unexpected. Much more so was the decision to expand the asset purchase programme by €20bn (£15.6bn) a month to €80bn and to allow for the purchase of investment grade...