The European Central Bank has cut its deposit rate to below zero per cent and introduced other radical measures to fight the threat of deflation. The FT's Chris Giles and Ferdinando Giugliano discuss what these actions mean.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
