ECB primes money-printing gun to combat coronavirus
Share:
FRANKFURT (Reuters) - The European Central Bank has ditched a cap on how many bonds it can buy from any single euro zone country, clearing the way for potentially unlimited money-printing as it scales up its response to the coronavirus outbreak.Major central banks are lining up to pump ever-growing amounts of cash into the financial system to counter fallout from the virus, which is expected to trigger a global recession this year. The ECB made its move - a historic and potentially divisive one..