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European Central Bank President Christine Lagarde speaks to the media Thursday morning ET following the bank's decision to hold interest rates steady but institute several stimulus measures.
In a closely watched decision amid the global coronavirus scare, the ECB announced a stimulus package that included another 120 billion euros in asset purchases, equal to $135.3 billion. The initiative also included several other measures aimed at freeing up lending to areas of the economy impacted by the COVID-19 strain, which the World Health Organization on Wednesday declared a pandemic.
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