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ECB's Draghi looking at options to drive QE forward

Euro hits two-week high, bond yields rise across eurozone, stock markets fall in reaction

Published Thu, Sep 8, 2016 · 09:50 PM
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Frankfurt

EUROPEAN Central Bank (ECB) president Mario Draghi said on Thursday that the bank was looking at options to ensure that it could pursue its unprecedented money-printing programme, with eurozone inflation still way below its official target.

However the bank stopped short of confirming a specific extension of its 80 billion euro (S$121.6 billion) monthly asset purchases, reaffirming its existing line that they would continue until next March or beyond if necessary.

"The Governing Council task…

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