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Hamilton Chukyo Brokerage Comments On ECB Extending and Boosting Stimulus to Combat Longer Crisis


Press release content from Accesswire. The AP news staff was not involved in its creation.
Hamilton Chukyo Brokerage Comments On ECB Extending and Boosting Stimulus to Combat Longer Crisis
December 11, 2020 GMT
TORONTO, ON / ACCESSWIRE / December 11, 2020 / Finance executives at Toronto-based Hamilton Chukyo Brokerage has today commented on the European Central Bank extending two core stimulus schemes to boost the economy by the end of next year, until vaccinations are readily obtainable to promote recovery.
“Respondents are expecting that lawmakers will allocate a further six months and EUR 500 billion to their €1.35 trillion emergency bond-purchase scheme during their online meeting on December 10,” commented Michael Williams, Head of Private Wealth Management at Hamilton Chukyo Brokerage. “The Governing Council is also required to provide additional long-term loans to banks and to extend the time over which they obtain increased benefits to keep credit c ....

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