Global Business & Emerging Markets

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Draghi says European Central Bank will embark on purchase of asset-backed securities, with details to be announced in October.

Draghi says European Central Bank will embark on purchase of asset-backed securities, with details to be announced in October.

European Central Bank takes economists by surprise in cutting interest rates on threat of deflation.

European Central Bank takes economists by surprise in cutting interest rates on threat of deflation.

Unseen price pressure that may be a predecessor to inflation.