While you were sleeping: Draghi to stick with QE

Mon, 29 May 2017

By Margreet Dietz May 30 (BusinessDesk) - As Wall Street was closed for a holiday, equities in Europe were mixed as European Central Bank President Mario Draghi signalled that the quantitative easing program was here to stay for now. “The economic upswing is becoming increasingly solid and continues to broaden across sectors and countries,” Draghi said In a speech to European Parliament. “Overall, we remain firmly convinced that an extraordinary amount of monetary policy support, including through our forward guidance, is still necess...

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