Will the European Central Bank's new €500bn emergency stability policy

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cause ECB interest rates to rise? I was wondering will this policy cause inflation and if it does, will that lead to a dramatic change in interest rates? I had a fixed interest rate mortgage when the financial crisis hit in 2008. So, I got burned when rates went down. Now my fixed rate mortgage has expired and I'm wondering should I fix again if rates are going to suddenly dramatically increase. If anyone knows how the economics of this stuff works I'd greatly appreciate any educated guess you can provide. Thanks.
 
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