What Draghi Said on QE, Policy Outlook, Global Risks and Inflation
The breakdown on what has moved markets today.
ECB's Draghi Hints at Additional Stimulus in 2015
This article is for subscribers only.
European Central Bank President Mario Draghi sent a clear signal that the ECB will add stimulus in December, leaving open the prospect of both expanding asset purchases and lowering the deposit rate further below zero.
The euro fell to a 3-week low against the dollar, two-year German bond yields dropped to record low and bund futures jumped as Draghi said the ECB’s governing council discussed a menu of options.