Stock markets rally as Mario Draghi hints further stimulus is on its way

Discussion in 'Market News' started by Lily, Feb 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Markets rise sharply in belief bank president will move towards negative interest rates and provide further QE stimulus to ease deflation fears

    Mario Draghi, president of the European Central Bank, helped calm jittery financial markets when he said he would not hesitate to take fresh action to boost eurozone growth and inflation.

    Stock markets across Europe, which were already rallying after a turbulent start to 2016, ended the day sharply higher in the belief Draghi would deliver on his pledge at the ECB meeting next month.

    Related: Draghi has financial markets hoping bad news is really good news

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