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Draghi speech: Exit from unconventional monetary policy shifted forward

Following the European Central Bank’s (ECB) decision to leave the interest rates on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively,  Mario Draghi, President of the  ECB, is delivering his remarks on the monetary policy outlook in a press conference  with key quotes, via Reuters, found below.

“Lagarde needs no advice. She’s got a long time to form her views with the Governing Council.”

“It’s going to take quite a bit of time before the issuer limit is a problem.”

“IMF meetings was that rates will stay low for a long time.”

“Exit from unconventional monetary policy shifted forward.”

“One of the dissenters called for unity. Another said bygones are bygones.”

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