The European Central Bank policymakers have decided to lower interest rates by a quarter percentage point, a third such cut this year as inflation across the 20-member Eurozone came down to 1.7% in September.
ECB President Christine Lagarde says while the bank does not expect a recession, downside risks remain amid hightened geopolitical tensions.
Plus, China has announced a fresh stimulus package to prop up the faltering property sector.
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