Draghi calls for caution as flagship stimulus heads to exit
The ECB plans to dial down bond buying from January, marking a new phase after the eurozone was bailed out
Fri, Oct 27, 2017 - 5:50 AM
Mr Draghi says the eurozone still needs "ample" stimulus, adding that the decision to keep purchases effectively open-ended was taken by a large majority at the Governing Council meeting.
PHOTO: BLOOMBERG
Frankfurt
MARIO Draghi warned that the European Central Bank (ECB) will remain cautious even as he puts his signature stimulus measure on the road towards an exit.
The ECB plans to dial down bond buying from January, six years into the president's term, marking a new phase after a...
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