ECB will do its part to support euro zone growth, Draghi tells IMF

ECB will do its part to support euro zone growth, Draghi tells IMF
 

The European Central Bank will do its part to support euro zone growth by continuing its stimulus policy of ultra-low interest rates and bond purchases, ECB President Mario Draghi said on Friday.
"We will preserve the very substantial amount of monetary support that is necessary to secure a return of inflation rates towards levels that are below, but close to, 2 percent without undue delay," Draghi told an International Monetary Fund committee in Washington.
"If warranted, we will act by using all the instruments available within our mandate," Draghi added.
"The ECB... read more

 
7 October 2016 in Business, Views: 35
Source: Reuters
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