Draghi Speaks at ECB's June News Conference

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June 5 (Bloomberg) -- European Central Bank President Mario Draghi unveils an unprecedented round of measures to counter the threat of deflation, including a negative deposit rate and the opening of a 400-billion-euro ($542 billion) liquidity channel tied to bank lending. Officials will also start work related to outright purchases of asset-backed securities. Draghi speaks at his monthly news conference in Frankfurt. (Source: European Central Bank)

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