Mario Draghi Defends ECB Bond-Buying Plan in Front of the Bundestag
Outright Monetary Transactions Unlikely To Lead To Inflation, ECB President Says
by Mary Morley,
Mario Draghi Defends ECB Bond-Buying Plan in Front of the Bundestag
On October 24, the Financial Times reported that the President of the European Central Bank (ECB) Mario Draghi defended the bank’s bond-buying programme in front of sceptical German MPs in an attempt to convince them that the bond purchases approved by the ECB were unlikely to lead to rampant inflation.
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