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ECB to start bond-buying program on Monday, March 9

ECB to start bond-buying program on Monday, March 9

The European Central Bank (ECB) will kick off its 60 billion euro-a-month ($66.3 billion) bond purchases on March 9, ECB President Mario Draghi said Thursday, after it decided to keep rates at record lows.

The central bank also upped its growth forecasts after better economic news from the euro zone, while cutting its inflation forecast for 2015. News articles: CNBC, Bloomberg, FT.