Mario Draghi latest publications
The Italian economy has returned to the spotlight in recent weeks due to the risks that its fiscal policy may entail, and as a result of the noise generated by the proposals of something that may resemble a parallel currency.
The ECB didn’t disappoint the market and announced a raft of measures that beat expectations, which were already high. In an attempt to take full advantage of the synergies, the ECB took measures on three fronts: rate cuts, expansion of the bond purchase program and liquidity provision for banks.
Aunque la Fed y el BCE escalaron la misma montaña –aunque por distintas rutas-, los dos banqueros centrales más poderosos del mundo tomarán caminos opuestos.