Mario Draghi’s “If You Like Your Negative Rates, Here’s More” ECB Press Conference – Live Feed

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies

Mario Draghi broke new ground once again this morning by pushing rates even negative-er. We are sure the ECB’s top man will further explain how ABS purchases, TLTRO, and even sovereign QE are just around the corner (so keep buying)…
*** Here are five questions from Bloomberg for Mario Draghi this morning…
Is more easing on the way?
After the ECB unveiled an unprecedented stimulus package in June, most analysts had expected officials to hold off on new measures until the end of the year. An economy that stalled in the second quarter, slowing inflation and the crisis in Ukraine changed the picture. Draghi acknowledged these developments, and their effect on inflation expectations, in a speech at Jackson Hole, Wyoming on Aug. 22, setting the stage for more stimulus, including quantitative easing.

This post was published at Zero Hedge on 09/04/2014.