Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Draghi doesn’t see need to cut rates further

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    ECB’s Draghi, while addressing questions on interest rates, said the bank does not see a need to cut rates further, but maintained today's outcome dispels doubts about willingness to act.

    Meanwhile, ECB’s Constancio said the TLTRO 2 poses no obstacle to rate changes in the future.

    Draghi also added that today’s move was not an overreaction to a drop in oil prices and said the easing was in response to significant weakening of global growth.
    For more information, read our latest forex news.
     

Share This Page

Trade indices Online