Draghi signals further ECB action amid slowdown

Draghi signals further ECB action amid slowdown
Mario Draghi's term ends on October 31

The ECB president told the institution’s annual forum in Sintra, Portugal, that 'additional stimulus will be required' if the economic outlook does not improve

Mario Draghi has nudged the European Central Bank closer to pumping more monetary stimulus into the economy, highlighting that “lingering” risks are strengthening the case for action.

The ECB president told the institution’s annual forum in Sintra, Portugal, that “additional stimulus will be required” if the economic outlook does not improve.

He said the commitment to keeping interest rates low could be bolstered, further cuts remain “part of our tools”, and renewed asset...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post