Ultra-low interest rates will stay in place until inflation “durably” reaches its 2% target
Approval of the sweeping tax package is likely at the G20 meeting Friday and Saturday
The decision is part of a new approach to monetary policy similar to that of the Federal Reserve
Slow vaccine rollouts and extended lockdowns have delayed the hoped-for recovery
ECB president Christine Lagarde said that the economic outlook in the short term "remains clouded by uncertainty"
The cartel and its allies said they plan to add two million barrels per day of oil production
Central bank intends to buy bonds at a "significantly higher pace"
Central bank's bond-purchasing program remains unchanged
European Central Bank announces another 500 billion euros in stimulus
The bank could add a half-trillion euros to its existing bond purchases