Draghi Signals ECB May Add Stimulus This Year on Weak Growth
- ECB president speaks in Malta after monetary-policy meeting
- Governing Council discussed options including deposit-rate cut
ECB's Draghi: QE to Last Beyond September 2016 If Needed
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Mario Draghi said the European Central Bank will investigate fresh stimulus measures to boost the economy and that options include a further reduction in the deposit rate.
The euro slid as the ECB president said the Governing Council has tasked the central bank’s committees with examining the pros and cons of different monetary-policy action. He told reporters at a after the meeting in Malta on Thursday that there was a “rich discussion” about the instruments that might be used, while hinting fresh stimulus may be added before the end of the year.