The ECB has kept all options open...
As expected, the ECB delivered a comprehensive package of monetary policy measures in its latest meeting, acknowledging once again that there has been a significant deterioration in inflation pressures and expectations, subdued growth in emerging markets, a significant pick up in financial market volatility, and ongoing deleveraging in a number of sectors. ECB president, Mario Draghi, defended the implemented monetary policy stance and once again stressed that it has protected the euro zone against the adverse global macroeconomic developments and rising geopolitical risks.
The report provides insights on the latest ECB monetary policy decision.
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