Will Draghi cut interest rates?
Mario Draghi must decide whether it’s time to use up one of his remaining interest-rate cuts. The ECB will announce its interest-rate decision at 12:45pm.
Mario Draghi must decide whether it’s time to use up one of his remaining interest-rate cuts.
Inflation in the euro area has slowed to less than half the European Central Bank’s target and unemployment is the highest since the euro zone came into being in 1999. While that boosts the case for action to shore up the region’s recovery, the ECB President has only two quarter-point reductions left before reaching zero....
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