Thursday, 5 November 2015

European Central Bank News

ECB to decide in December if quantitative easing needs ramping up - Draghi

The European Central Bank will decide at its next meeting whether its asset-purchase program can counter a global economic slowdown or needs to be ramped up, its president said on Thursday.
"We need to examine whether, with a weakening of the global economy, it (the program) is also effective in countering headwinds that could hamper a return to price stability in the medium term," Mario Draghi said at an academic event in Milan.

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