News
        Countdown to the departure of ECB President Draghi


 bearing in stock

if you are interested in it , Get free samples :sales@edabearings.com

Draghi's "at all costs" statement actually ended the euro zone debt crisis in 2012, and the mark of this statement is now fading, while the inflation in the euro zone is still far below the target level of the European Central Bank, and it is expected that it will be difficult to achieve it in the next few years.
Moreover, European central bank policymakers have never been so divided on the future direction in the past, and Draghi's last round of quantitative easing failed to win a third of the support of the management committee in September.
The ECB is not expected to issue a new policy statement on Thursday, but Mr Draghi will surely be asked again at his last press conference about the differences within the ECB. MS Lagarde will succeed Mr Draghi as ECB president on November 1.
Dirk Schumacher, an analyst at Natixis, said: "it will be interesting to learn from Mr. Draghi the extent of the current divergence in the management committee and his views on how this will affect the ECB's policy space for future adjustment."
Central bankers in France, Germany and the Netherlands, among others, have questioned whether it would be wise for the ECB to reintroduce the 2.6 trillion euro debt purchase plan, but it is not only the few well-known hawks who question it.
No less than 95% of the respondents in the Reuters survey think that the stimulus package including interest rate cut by the European Central Bank will not help bring inflation back to the target of 2% or less of the European Central Bank.
Prices in the eurozone rose 0.8% in September, the smallest increase in three years.


PREVIOUS:The yuan fell to 7.2 against the dollar in the third quarter of next year        NEXT:Trump said the trade negotiations with China are progressing smoothlyTrump said