ECB expected to unveil new stimulus - Jan. 22, 2015

The European Central Bank has taken a dramatic step to stimulate troubled economy, unveiling a massive bond-buying program.



ECB President Mario Draghi said the program would include public and private sector securities. The ECB would buy 60 billion euros ($70 billion) each month until the end of September 2016, he added.



ECB expected to unveil new stimulus - Jan. 22, 2015