Mario Draghi discusses target inflation rates
Mario Draghi was the topic of discussion for the entirety of today as he appeared twice before the panel of the ECB conferences to discuss the ongoing topic of target inflation rates not being met.
Whilst not necessarily surprising of the reality that the ECB has not yet met their target, investors were anticipating some form of clarification that action would have been discussed to implement this within the desired time frame. This shouldn’t take away from the overall growth of the European economy however, it just appears price growth has been drastically lagging behind.
Draghi stated any form of monetary policy taking place to aid growth will be done so gradua...Read More