Thursday, November 12, 2015
CRITICAL ALERT: Proof Of Central Bank Desperation And Fear. By Gregory Mannarino
ECB's Draghi: If price stability is at risk, we would act
The head of the European Central Bank has paved the way for further monetary easing in December, warning that signs of a sustained turnaround in core inflation had weakened. Addressing the European parliament's Economic and Monetary Affairs Committee Thursday, Mario Draghi said that "downside risks stemming from global growth and trade are clearly visible" in the euro zone. Although a recovery in the 19-country single currency region was "progressing moderately" there were risks posed by the area's "inflation dynamics."
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