Just like Mark Carney, Mario Draghi can afford to wait a bit before adding more monetary stimulus.
“The ECB is still very much in easing bias and has admitted that the Brexit shock could knock a cumulative half percentage point off euro-zone growth over the next three years,” said Alan McQuaid, chief economist at Merrion Capital in Dublin. “It will do whatever it takes to boost growth and push inflation up but, as with most...
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