► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />The European Central Bank has pledged to continue its €60bn a month asset purchase programme until March 2017 ‘or beyond’ after it cut a key interest rate to a historic low. The FT’s Ferdinando Giugliano explains in 60 seconds what the measures mean.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
