Direct impact is limited; critics' concerns focus on China's reaction and whether this move portends broader protectionist actions in the future.

Germanys Schaeuble says its a problem to explain ECB policy.

Germanys Schaeuble says its a problem to explain ECB policy.

Tight labor market, rising inflation will push up rates.

Tight labor market, rising inflation will push up rates.

But the central bank will reduce the pace of its monthly purchases.

Central bank pushes the rate on cash parked overnight by banks down to minus 0.4%.

Central bank pushes the rate on cash parked overnight by banks down to minus 0.4%.