Market Talk

The ECB president’s decision to extend his money-printing measures for the eurozone went down like a lead balloon

Mario Draghi’s quantitative easing plan has been extended to at least spring 2017

Did Draghi’s bazooka backfire?

The much-anticipated final European Central Bank governors’ meeting of the year was meant to be the launchpad for more firepower from the bank to get Europe going.

Already this year, Mario Draghi has launched a money-printing (or quantitative easing) plan to kickstart the eurozone. The move, which involves spending €60 billion a month of newly-created money to buy assets and lower interest rates to spur investment, was due to ...