Market news
18.06.2019, 08:10

ECB President Draghi: More rate cuts are part of the central bank's toolkit

  • QE still has considerable headroom

  • QE limits are specific to contingencies faced by the ECB

  • If outlook doesn't improve, additional stimulus is needed

  • Negative rates have proven to be a very important tool

  • Indicators for the coming quarters point to lingering softness

  • ECB able to enhance forward guidance by adjusting its bias and conditionality to account for variations in adjustment path of inflation

  • In the coming weeks, we will deliberate how our instruments can be adapted commensurate to the severity of the risk to price stability


Dovish comments from Draghi sent euro to its low for the day with EUR/USD testing the 1.1200 handle currently.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location