Saturday August 15, 2020

No news from Draghi is good news, say analysts

For investors waiting for Europe’s long-delayed recovery to appear, no news from Mario Draghi today may be a good sign.

1st August, 2013
European Central Bank president Mario Draghi.

For investors waiting for Europe’s long-delayed recovery to appear, no news from Mario Draghi today may be a good sign.

As evidence mounts that the eurozone economy is pulling out of its longest-ever recession, economists from HSBC Holdings to Standard Chartered say the European Central Bank president may feel confident enough to refrain from any new policy tools or elaborate on last month’s unprecedented pledge to keep interest rates low for an extended...

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