ECB Relaunches QE , Cuts Rates to -0.5%
In this live stream we discussed the ECB’s recent action to reignite its QE program and to take rates deeper into negative territory.
Watch “ECB Slashes Rates; Relaunches QE – Draghi – ” Negative Rates Won’t Crash the System”
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Draghi
Watch ECB press conference live: President Mario Draghi explains today’s monetary policy decisions https://t.co/AN04eElLTj
— European Central Bank (@ecb) September 12, 2019
Watch again: Draghi on monetary policy and fiscal policy pic.twitter.com/8P7mnUqOtk
— European Central Bank (@ecb) September 12, 2019
Watch again: Draghi on helicopter money pic.twitter.com/qg7LOq1rmx
— European Central Bank (@ecb) September 12, 2019
Watch again: Draghi on the importance of fiscal policy pic.twitter.com/CjxNE0gC0v
— European Central Bank (@ecb) September 12, 2019
Trump Reacts
European Central Bank, acting quickly, Cuts Rates 10 Basis Points. They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting U.S. exports…. And the Fed sits, and sits, and sits. They get paid to borrow money, while we are paying interest!
— Donald J. Trump (@realDonaldTrump) September 12, 2019
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