On June 14 Mario Draghi announced that quantitative easing in Europe would continue until December this year, with monthly purchases reduced to €15 billion a month from €30 billion in the interim. The ECB president indicated, however, that interest rates in the eurozone will remain at their present levels at least until mid 2019. He then inevitably capped it all off by stating that: “The Governing Council stands ready to adjust all of its instruments as appropriate to ensure that inflation continues to move…” towards its target.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
