Friday, January 22, 2016

European Central Bank May Launch More Stimulus to Counter Economic Slowdown

 
European Central Bank head Mario Draghi has been doing what he can to reassure the financial world by hinting that the ECB could be going to provide more stimulus for the eurozone economy.

Turmoil in the markets and concerns over China and other developing nations will mean a review of the Bank’s monetary policy in March, Draghi said: “In this environment, euro area inflation dynamics also continue to be weaker than expected. It will therefore be necessary to review and possibly reconsider our monetary policy stance at our next meeting in early March.” 

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Source: Euronews

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