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Five Questions for Mario Draghi to Answer for You Today
Here are five questions for Mario Draghi today. The European Central Bank president holds a press conference at 2:30 p.m. in Frankfurt, 45 minutes after the Governing Council’s announcement on interest rates. Is any further policy action likely for now? No, according to economists. While Draghi left the door open to “little” adjustments after taking the benchmark rate to a record-low 0.15 percent and the deposit rate negative in June, all participants in a Bloomberg News survey say that the ECB’s three official rates will stay unchanged at today’s meeting. They also say that officials will keep borrowing ... (full story)
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