The ECB didn't take any action at its governing council meeting last Thursday, but that doesn't mean nothing happened. ECB president Mario Draghi gave the clearest signal yet that the central bank is committed to using unconventional policies-including controversial quantitative easing (QE)-to address low inflation in the eurozone.
This is the first time the ECB has ever admitted to having serious discussions about QE. Draghi's comments came off the back of an admission by...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team