Mario Draghi is likely to announce fresh steps to fight deflation across the eurozone. But will it be enough, and will it work? * Introduction: Will Draghi deliver today? <- new readers start here * Five things the ECB may do * Bankers hit out at negative interest rates 9.47am GMT THE EUROPEAN CENTRAL BANK BEGAN ITS QUANTITATIVE EASING PROGRAMME A YEAR AGO. Since then, government bond prices have hit record highs, as traders knew they could sell them onto the ECB. Shares, though, have lost ground - hit by global economic concerns, the Greek debt crisis, and even the Volkswagen cheating scandal: ECB vs Rest of the World, round 3 starting in just a few hours...https://t.co/w7bAwlN2Xv pic.twitter.com/2atH7SmmCe 9.34am GMT CANADIAN BANK RBC HAVE LISTED FOUR REASONS FOR THE ECB TO LAUNCH FRESH STIMULUS TODAY: Continue reading...
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