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WCG - The ECB Launches Another Round Of Bond-Buying - The Policy Market
Wellcare Health Plans Inc.
Welcome to The Policy Market - Seeking Alpha's presentation of today’s top policy-related news stories with potential market impact. Follow this account and turn the e-mail alert on to receive this article in your inbox each morning before the market open.
ECB cuts rates, restarts QE
The doves seemingly regained control at the ECB, which yesterday cut rates and began another round of QE. The rate cut (10 basis points on the deposit rate to -0.50%) was mostly expected, but the bond-buying program, while also anticipated, was open-ended - a dovish sign. President Trump quickly