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EU in Need of Additional ECB Stimulus, Says Draghi

May, 30 2017
watermark Economic news

ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in need of more monetary stimulus from the central bank in spite of the region’s apparent economic recovery. Draghi warned that the underlying inflation in the EU economy minus highly volatile food and energy prices are still too insignificant for the ECB to make any actual adjustments with regards to its current monetary policy. The central bank is currently facing mounting pressure from several EU politicians as they call for the ECB to instigate a full-on policy reversal as the European Union enters a new era of increased inflation rates and a recovering economic status.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.