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Draghi Defends Negative Interest Rate Policy, Manufacturing Sector Continues To Improve

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    ECB President Mario Draghi responded to critics from German Finance Minister Wolfgang Schauble that negative interest rates hurt savers and weighing on the banking sector. Draghi said that low interest rates are not harmless but they are only the symptom, not the cause of an underlying problem, adding that there[​IMG]

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