Economics
Draghi Seen Acknowledging Euro Gains at September Decision
- Governing Council scheduled to meet in Frankfurt Sept. 6-7
- ECB president declined to discuss currency in Jackson Hole
How a Taper By the ECB Might Work
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Mario Draghi won’t miss the opportunity to mention the euro’s recent appreciation as he prepares to reconfigure the euro area’s stimulus settings, economists say.
The European Central Bank president will express concern about the currency’s strength, a Bloomberg survey shows. While he declined to address the exchange rate last month at his appearance in Jackson Hole, Wyoming, 67 percent of economists said he will do just that at Thursday’s 2:30 p.m. press conference in Frankfurt.