You are here

ECB's Draghi says loose money, including QE, should continue

BankEuroPanel030615.jpg
The head of the European Central Bank pledged on Wednesday to stick with the bank's loose monetary policy measures, including its roll-out of a money-printing programme.

[FRANKFURT] The head of the European Central Bank pledged on Wednesday to stick with the bank's loose monetary policy measures, including its roll-out of a money-printing programme.

In a news conference after leaving interest rates unchanged, Mario Draghi emphasised the need for "full implementation" of monetary policies to see the eurozone economy recovery.

Mr Draghi has previously described speculation that the fledgling 60 billion-euro-a-month scheme would be scaled back as "surprising".

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom