Global Analysis from the European Perspective. Preparing for the world of tomorrow

ECB hints at more stimulus as global economy outlook dims

The European Central Bank (ECB) chief Mario Draghi pledged to boost inflation if it continued to fall short of ECB’s intended targets, signaling a major policy reversal on Tuesday. Addressing an ECB forum in Portugal, Draghi said that “additional stimulus will be required” if inflation remained low. He also said that “further cuts in policy interest rates remain part of our tools.” Source: Deutsche Welle

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