Recovery to continue at a moderate pace – ECB’s M.Draghi
|Mario Draghi, President of the European Central Bank, has noted that the main scenario in the region remains subject to downside risks, adding that the recovery in the area has lost some momentum albeit it is expected to continue at a moderate pace.
Draghi also said that the central bank will act using all available instrument if warranted, while he argued that implications on economic actors from low interest rate environment needs to be closely monitored.
ECB’s Chief has also advocated for other policy actors to do their part, while urged governments to ‘unleash growth’.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.