The European Central Bank has cut benchmark interest rates to a new historic low of 0.15% as it acts to stimulate economic growth and stave off another downturn.
In a series of moves, it has also cut the deposit rate from zero to -0.1%, effectively meaning it will now cost banks interest to deposit money with the ECB. The rate on the marginal lending facility...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress