European Central Bank announces $69 billion bond-buying program
The European Central Bank on Thursday announced that it would begin buying up to 60 billion euros ($69 billion) of government and private bonds per month in an attempt to stimulate the sluggish eurozone.
Called quantitative easing, the program is to begin in March and run until at least September 2016. The ECB also said it would leave interest rates at their record low of 0.05 percent, where they've been since last September.
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