Draghi Says There Can't Be a Limit to ECB Action Within Mandate

Updated on
  • ECB president says QE `recalibration' enough to revive prices
  • Says aim was to reach inflation mandate, not satisfy markets

ECB Decision: Did Draghi Deliver?

Mario Draghi defended the European Central Bank’s expansion of its stimulus program a day after investors panned it, while saying further action can be taken if needed. The euro fell.

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