(AGI) – The ECB President Mario Draghi speaks again of quantitative easing in the strict sense, ie the purchase of government bonds of the Euro Zone, ensuring that the Council is ready to do everything necessary to ensure the stability of ‘ Eurozone, including the use of “unconventional measures”.
It is not the first time that Draghi makes these statements, but this time his words, entrusted to a written response MEP Luke Ming Flanagan, fall within a whisker of what could prove to be the highlight of the meeting 2015. Draghi also confirmed that decisions will be made by the Board with the focus on “risks to price developments in the medium term,” the light of the bad inflation data released yesterday. Special attention – he assured – will be given also to the impact of oil prices on the dynamics of inflation. Draghi also pledged unanimous decision of the Board in the event of the launch of measures to avoid a prolonged period of low inflation, such as the possible purchase of sovereign bonds. Finally, the number one Eurotower gave guidelines for EU Member States, whose policies should be designed to stimulate growth, but also loa ensuring debt sustainability.
January 8, 2015 18:32 – Last Updated: 18:32
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