"Mr. Draghi was speaking after the ECB decided to keep its main interest rate unchanged, as expected, at 0.25%, a record low that has been in place since November, despite a recent report that inflation in the euro zone has slid far below the bank’s target of just under 2%.If I knew then what I know now, I'd have been a banker. Nah. Probably not. I don't like thieves.
“We are resolute in our determination to maintain a high degree of monetary accommodation and to act swiftly if required. Hence, we don’t exclude further monetary-policy easing,” Mr. Draghi said. Interest rates would remain at current or lower levels for an extended period, he added."
Thursday, April 03, 2014
Federal Reserve
ECB promises more money printing.
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