‘We will do what we must’ to hit target, says Draghi
Eurozone may see further cuts to deposit rate
The European Central Bank (ECB) may launch further easing at its December monetary policy meeting, the ECB's president hinted today (November 20).
Speaking in Frankfurt, Mario Draghi said the committee would assess whether further measures would be needed to return inflation to target.
"The level of the deposit facility rate can also empower the transmission of the asset purchase programme (APP), not least by increasing the velocity of circulation of bank reserves," he said, implying there may
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