Here they go again, fuckers: ECB ready to print money if 'lowflation' lingers

The European Central Bank opened the door on Thursday to turning on its money-printing presses to boost the euro zone economy and keep inflation from staying too low.

Here they go again, fuckers: ECB ready to print money if 'lowflation' lingers Art-draghi-620x349

Here they go again, fuckers: ECB ready to print money if 'lowflation' lingers Art-draghi-620x349

It kept interest rates steady at 0.25 percent at its regular meeting, but afterwards ECB President Mario Draghi said he and his colleagues were committed to doing anything they could to stop low inflation from dragging on too long.

This included quantitative easing, the printing of money to buy assets, something that previously was considered highly undesirable by some euro zone central bankers, and only to be considered if prices were falling outright.

But policymakers have been willing in recent weeks to publicly broach cutting deposit rates below zero - effectively charging banks to hold cash with the ECB - or embarking on QE bond purchases as the United States,Japan and Britain have, if the threat of deflation became more acute.

Read more: http://www.smh.com.au/business/markets/ecb-ready-to-print-money--if-lowflation-lingers-20140404-361zq.html#ixzz2xsySK226
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Here they go again, fuckers: ECB ready to print money if 'lowflation' lingers PgkowJT

Here they go again, fuckers: ECB ready to print money if 'lowflation' lingers PgkowJT

Here they go again, fuckers: ECB ready to print money if 'lowflation' lingers

Here they go again, fuckers: ECB ready to print money if 'lowflation' lingers

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