Draghi press conference, marks a big change in communications policy; main points so far:
- Council had extensive discussion about interest rate cut.
- Council injects a downward bias into interest rates for the foreseeable future based on the three variables of inflation, the economy and monetary dynamics.
- "The decision was unanimous, that's also quite important."
- "Liquidity will remain ample."
- Our exit from highly accommodative monetary policy "is very distant."
- "50 bps is not the lower bound."
- "Key ECB interest rates include the rate on the deposit facility."
Draghi press conference, marks a big change in communications policy; main points so far: -...
From other sites
at CNBC.com (Mar 16, 2015)
at CNBC.com (Mar 11, 2015)
at CNBC.com (Jan 15, 2015)
at MarketWatch.com (Jan 7, 2015)
at Benzinga.com (Jan 5, 2015)
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