Potential EntitiesWhat Happened
Business rates in England and Wales
The ECB has cut rates further into negative territory as it seeks to stimulate the eurozone amid the global economic downturn.
Mario Draghi has unveiled a whole host of new measures in response to the slowdown in growth in emerging markets and the sharp fall in the oil price.
Headline deposit rate cut by 10 basis points to -0.40%
The asset purchase programme increased from €60bn to €80bn
Scope of QE expanded to include non-bank corporate bonds issued in eurozone
A new series of targeted longer-term refinancing operations aimed at providing cheap liquidity
GDP and inflation forecasts revised down:
GDP: 1.4% in 2016, 1.7% in 2017 and 1.8% in 2018
Inflation: 0.1% in 2016, 1.3% in 2017 and 1.6% in 2018
By Emily Cadman and Mark Odell
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