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ECB Keeps Money-printing Program Unchanged

The European Central Bank left the key parameters of its quantitative easing scheme unchanged on Thursday but said it would re-examine its policy at its meeting in December. "The asset-purchase plans are proceeding smoothly and continue to have a favorable impact," ECB President Mario Draghi said at a news conference in Malta. He said, however, that the fall in commodity prices and concerns about emerging markets meant that inflation pressures remained negative. This meant...

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