Business

ECB getting closer to Fed-style stimulus

By David McHugh
Published June 7, 2014 1:37pm ET
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ECB getting closer to Fed-style stimulus
President of European Central Bank Mario Draghi listens to questions during a news conference in Frankfurt, Germany, Thursday, June 5, 2014, following a meeting of the ECB governing council. The ECB lowered its main interest rate to 0.15 per cent. (AP Photo/Michael Probst) | Michael Probst

FRANKFURT, Germany (AP) — The European Central Bank has deployed a raft of aggressive measures to boost Europe’s economy, but stopped short of the one many economists insist would do the most to help: large-scale purchases of bonds.

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