ECB Will Provide More Stimulus If Inflation Doesn’t Pick Up: Draghi | 6/6/2019 | Staff
vegdancer18vegdancer18 (Posted by) Level 3
SINTRA, Portugal (Reuters) – The European Central Bank will need to ease policy again, possibly through new rate cuts or asset purchases, if inflation doesn’t head back to its target, ECB President Mario Draghi said on Tuesday.

“In the absence of improvement, such that the sustained return of inflation to our aim is threatened, additional stimulus will be required,” Draghi told the ECB’s annual conference in Sintra, Portugal.


“That aim is symmetric, which means that, if we are to deliver that...
(Excerpt) Read more at:
Wake Up To Breaking News!
Speaking only as an infidel......
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!