Markets rise sharply in belief ECB president will slither towards negative interest rates and further QE to ease deflation fearsMario Draghi,president of the European Central Bank, has helped calm jittery financial markets by saying he would not hesitate to take fresh action to boost eurozone growth and inflation.
Stock markets across Europe, and which were already rallying after a turbulent start to 2016,ended the day sharply higher in the belief Draghi would deliver on his pledge at the ECB assembly next month. Continue reading...
Source: theguardian.com