ECB chief Mario Draghi speaks as central bank leaves rates unchanged

Business


[The stream is slated to start at 8:30 am ET. Please refresh the page if you do not see a player above at that time.]

European Central Bank President Mario Draghi is speaking in Frankfurt after the bank held interest rates at current levels.

Investors are likely to monitor any comments the central bank’s chief makes on forward guidance, the eventual end of its massive stimulus program and the health of the European economy.

Last month, the institution warned that risks to the global economy were on the rise amid growing protectionism and the threat of U.S. tariffs. Traders are worried about the ramifications of an all-out trade war between the U.S. and China — two of the world’s largest economies — in addition to America’s trade disputes with other countries.



Source link

Products You May Like

Articles You May Like

Reasons why you may want to rethink investing in the Uber, Lyft, Pinterest IPOs
Top 10 US Southern cities for retirement
Remembering Warren Hellman, who led Levi’s buyout in 1985
General Mills stock jumps after earnings beat and raised outlook
Prudential CEO Mike Wells on Brexit, moving operations to Luxembourg

Leave a Reply

Your email address will not be published. Required fields are marked *