Draghi Announces ECB Exit From Easing Remains Far Off; Think the Fed Has an Exit Strategy?

Draghi Announces ECB Exit From Easing Remains Far Off; Think the Fed Has an Exit Strategy?

June 26, 2013 0 By News Desk
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The Financial Times reports ECB exit from easing remains far off, Draghi says . Speaking to committees in the French lower house of parliament, Mr Draghi said there were still downside risks to growth in the eurozone economy and the ECB was ready to take fresh action if needed. "On our policy stance, let me say that it’s been accommodative in the past, it is accommodative in the present time and will stay accommodative for the foreseeable future," Draghi said.

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Draghi Announces ECB Exit From Easing Remains Far Off; Think the Fed Has an Exit Strategy?