Draghi sets stage for December easing
Governing council could adjust asset purchases or cut rates further
Mario Draghi has laid the groundwork for the European Central Bank (ECB) to ease policy in December, suggesting the governing council was open to expanding quantitative easing (QE) or even cutting rates further at its next meeting.
"The degree of monetary policy accommodation will need to be re-examined at our December monetary policy meeting," the ECB president said, after the council kept policy on hold today (October 22).
Draghi reiterated the council is "willing and able to act by using all
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