Draghi stands firm on QE
European Central Bank (ECB) president Mario Draghi indicated today (April 27) that, while the outlook for growth in the eurozone is mildly more positive, the European Central Bank (ECB) is likely to stand firm on its quantitative easing (QE) policies.
He said in a press conference that the eurozone’s policy rates would remain unchanged following the latest meeting of its governing council. The interest rate on the ECB’s main refinancing operations will stay at 0%, with the rates on the marginal
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