‘We will do what we must’ to hit target, says Draghi
Eurozone may see further cuts to deposit rate
The European Central Bank (ECB) may launch further easing at its December monetary policy meeting, the ECB's president hinted today (November 20).
Speaking in Frankfurt, Mario Draghi said the committee would assess whether further measures would be needed to return inflation to target.
"The level of the deposit facility rate can also empower the transmission of the asset purchase programme (APP), not least by increasing the velocity of circulation of bank reserves," he said, implying there may
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Central banks prepare for the rise of AI
- Bundesbank’s Nagel: central bank business models are changing
- Central bank of the year: Central Bank of Brazil