07-04-2015 19:55 via news.yahoo.com

ECB meets bond buying target

The European Central Bank said Tuesday it had met its monthly target of buying 60 billion euros ($65 billion) worth of bonds in March, the first month of its massive programme to stimulate the eurozone economy and ward off deflation. The nearly 61 billion euros in government and corporate debt purchased was a successful kickoff of the programme to inject more than 1.1 trillion euros into the eurozone economy as some analysts had voiced doubts on whether the ECB would be able to buy enough assets
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