Sunday May 31, 2020

No shift in ECB stance yet - Draghi

Speech may ease fears about earlier rise in euro zone interest rates

6th April, 2017
ECB President Mario Draghi. Pic: Getty

European Central Bank chief Mario Draghi has signalled that there will be no big shifts in its monetary policy anytime soon.

Draghi delivered a speech in Frankfurt this morning amid increasing signs of a pick-up in the euro zone economy, which has led to speculation that the bank could move earlier towards ending the special measures it has been implementing in an effort to boost growth and move inflation towards its target of close to...

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