ECB makes credit cheaper for banks, keeps powder dry in virus battle

FRANKFURT (Reuters) - The European Central Bank said on Thursday it would pay even more for banks to borrow from it but kept much of its remaining policy powder dry as it prepared for a long fight against the coronavirus's fallout.After unveiling a raft of stimulus measures over the last six weeks, including plans to buy 1.1 trillion euros worth of assets this year, the ECB said it would pay banks 0.50% for tapping its multi-year auction and 1% if the pass on that cash to the economy."The..