Draghi signals further ECB action amid slowdown
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...
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