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Sounding like he's setting the stage for another rate cut, Mario Draghi says he expects no...

  • Wednesday, November 7, 2012, 7:33 AM ET
    Sounding like he's setting the stage for another rate cut, Mario Draghi says he expects no change to the weak eurozone economy in the near future, and says the weakness has begun to affect Germany (earlier). Inflation risks are very low over the medium term, he continues. OMT, he contends, is not disguised financing of governments. Who said it was disguised? Euro -0.4% to $1.2763.
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