Draghi: We are Far From Exiting Stimulus

“ECB President Mario Draghi is giving a speech in Munich.

A notable quote from the speech just crossed the wires and instantly sent the euro a bit lower against the U.S. dollar.

According to Bloomberg, Draghi said the ECB is “far” from having an exit in mind for its monetary stimulus measures, in contrast to recent arguments from a number of analysts who assert that the ECB is beginning to tighten monetary policy passively….”

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