Saturday July 4, 2020

Draghi says ECB will act if market turmoil threatens outlook

The ECB faces its next policy decision on March 10

16th February, 2016
ECB President Mario Draghi

The European Central Bank will take measures to ensure its monetary policy reaches the real economy if that appears threatened by financial-market turbulence, President Mario Draghi said. The euro fell.

“In the light of the recent financial turmoil, we will analyse the state of transmission of our monetary impulses by the financial system and in particular by banks,” Draghi told European Parliament lawmakers in Brussels on Monday. In addition, the ECB will examine the impact...

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