The Guardian

Trump hits out as ECB launches new stimulus package – business live

Trump hits out as ECB launches new stimulus package –

European Central Bank has voted to restart its QE programme, and hit banks with deeper negative interest rates to make them lendECB president Mario Draghi is giving a press conference nowLatest: Draghi says governments must boost spendingPresident Trump claims ECB is weakening the euroBREAKING: New Stimulus Package from the ECBQE restarted – at €20bn per month
2.07pm BST Q: What do you think about Donald Trump’s tweet?ECB president Draghi steps forward and sweeps the president’s attack aside.We have a mandate. We pursue price stability and we don’t target exchange rates. Period. 2.04pm BST More reaction:Draghi goes nuclear: Fiscal policy should become the main instrumentGoogle Translate says: “Please please please spend some money, Mrs. Merkel.” Continue reading…

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Author : Graeme Wearden

Publish date : 2019-09-12 13:07:17

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Tags : The Guardian