The Traderszone Network

Published in TZ Latest News 20 November, 2015 by The TZ Newswire Staff

Draghi says ECB willing to act fast on rates, QE to boost inflation

The European Central Bank is ready to act quickly to boost anemic inflation in the euro zone, its president said on Friday, highlighting changes to its asset purchase program and deposit rate as possible tools. Mario Draghi’s comments offered the strongest hint yet that the ECB will unveil fresh stimulus measures at its Dec. 3 meeting to stop inflation from falling further below its target of just under 2 percent.

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