German lawmakers to quiz ECB's Draghi over monetary policy

German lawmakers to quiz ECB's Draghi over monetary policy
 

European Central Bank President Mario Draghi is set to face tough questions from German lawmakers on Wednesday about the bank's ultra-loose monetary policy, just as the ECB is considering even more stimulus to revive inflation.
Relations have cooled between Europe's largest economy and the euro zone's central bank, which has cut interest rates aggressively in recent years and pumped more than a trillion euros into the economy through asset purchases.
But with growth in the 19-member euro zone still mediocre and inflation barely above zero - well short of the ECB's target of nearly 2 percent... read more

 
28 September 2016 in Business, Views: 33
Source: Reuters
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