ECB president Christine Lagarde said that the economic outlook in the short term "remains clouded by uncertainty"
The cartel and its allies said they plan to add two million barrels per day of oil production
The stimulus is meant to help businesses still struggling with coronavirus restrictions
Program remains unchanged despite economic slowdown
A winter surge of Covid-19 cases suggests EU economic output will fall again in Q1
Announcement comes as Covid-19 related shutdowns hurt pre-Christmas sales revenue
The bank could add a half-trillion euros to its existing bond purchases
U.S. Congress "may have to do more" to soften the economic damage of the pandemic, says Fed chair
Economist warns recovery could “grind to a halt in the fourth quarter”
By turning to shared debt and spending, the EU is taking a different approach