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ٹریڈنگ خبریں
4 Sep 2014
ECB's Draghi: ECB's move prompted by worsening inflation outlook in August
FXStreet (Łódź) - When asked about the definition of QE Draghi explains that it's not related to size but rather to the modalities.
• The program is designed just to boost bank lending.
• Draghi also assures a "comfortable" majority of the Governing Council members were in favor of implementing the ABS program.
• "Rules have been followed when hiring investment management company BlackRock as a consultant for ABS program.
• Draghi points to the deterioration of inflation expectations in August as the reason for cutting rates and introducing new measures at today's meeting.
• Eurozone recovery is losing momentum.
• Measures introduced today were aimed at moving the balance sheet up to 2012 levels.
• The program is designed just to boost bank lending.
• Draghi also assures a "comfortable" majority of the Governing Council members were in favor of implementing the ABS program.
• "Rules have been followed when hiring investment management company BlackRock as a consultant for ABS program.
• Draghi points to the deterioration of inflation expectations in August as the reason for cutting rates and introducing new measures at today's meeting.
• Eurozone recovery is losing momentum.
• Measures introduced today were aimed at moving the balance sheet up to 2012 levels.