ECB Raises Prospect of Rate Cut, Follows Fed Lead - News Summed Up

ECB Raises Prospect of Rate Cut, Follows Fed Lead


VILNIUS, Lithuania—European Central Bank President Mario Draghi opened the door to interest-rate cuts for the eurozone economy on Thursday, a significant policy shift that amplifies a global trend toward easier monetary policy to combat weaker growth. The move, less than five month before Mr. Draghi leaves office, underscores the dovish tilt of Mr. Draghi’s ECB over the past eight years—a positioning that has wowed investors but may not be repeated by his successor.


Source: Wall Street Journal June 06, 2019 11:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */