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Draghi speech: There was no discussion about restarting the QE programme

Mario Draghi, President of the ECB, is responding to questions from the press with key quotes  found below.

  • Won’t ask Philip Lane about euro bond.
  • Euro bond is not for ECB to decide on.
  • Argument for safe asset is rational, fundamental.
  • Today we’re not behind the curve for sure.
  • Monetary policy beyond June would produce automatic accommodation.
  • There was no  discussion about restarting the QE programme.

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About Mario Draghi

The European Central Bank’s president Mario Draghi was born in 1947 in Rome, Italy. Graduated of the Massachusetts Institute of Technology (MIT), Draghi became the president of the European Central Bank in 2011. As part of his job in the Governing Council he gives press conferences in the back of how the  ECB  observes the current European economy. President’s comments may determine positive or negative the Euro’s trend in the short-term. Usually, if he shows a hawkish outlook, that is seen as positive (or bullish) for the EUR, while a dovish is seen as negative (or bearish).

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