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European Central Bank Unleashes New Stimulus Package

The European Central Bank unleashed a new round of economic stimulus measures Thursday, making a new effort to boost the moribund economic fortunes in the 19-country bloc that uses the euro currency. The continent's central bank cut all of its key interest rates, increased its monthly asset-buying program and announced new, cheap loans for banks in hopes that they in turn would lend the money to businesses and consumers to boost the region's economy. The eurozone economy has...

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