The Outright Monetary Transactions program was the result of ECB President Mario Draghi’s July 2012 pledge to do “whatever it... That’s one less thing to worry about for jittery investors. The German Constitutional Court Tuesday brought a long-running saga to a close by rejecting a legal challenge that argued a European Central Bank bond-buying plan from 2012 overstepped the mark and infringed on Germany’s budgetary sovereignty.

Source: Wall Street Journal June 21, 2016 12:00 UTC