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ECB set to cut key rate to less than zero, Mario Draghi signals

August 11, 2014

Mario Draghi has signalled that the European Central Bank is getting ready to unleash a new unconventional monetary policy in a bid to fight low inflation.

Speaking after the spring meetings of the International Monetary Fund in Washington at the weekend, the ECB president indicated the strengthening of the euro “requires further monetary stimulus”.

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Michael Deasy QFA. LIAP (dip)

Deasy Financial

  • 29 Longwood,
  • Drogheda,
  • Co. Louth
  • T: +353 (0) 41 98 10156/7
  • F: +353 (41) 9810200
  • M: +353 (0)87 2209001
  • E: michael@deasyfinancial.ie

Michael Deasy Financial Solutions Ltd. T/a Deasy Financial is regulated by the Central Bank of Ireland, Reg No. 42023.
Directors: Michael Deasy, QFA, LIAP (Dip.) / Eileen Laffoy
Company Registration No. 417773 - registered offices 29 Longwood, Dublin Road, Drogheda, Co. Louth

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