EUR/USD has every reason not to believe ECB president
If you want to win in an argument, win over the advantages of your opponents. Mario Draghi believes that negative rates are a positive experience. They stimulate economic growth and employment and could be lowered in case of necessity. The Governing Council is united in monetary policy decisions, and one of the former dissidents said that they shouldn’t pore over the past. The European Court has granted the ECB broad powers, and it is not appropriate to suggest an early end to the quantitative easing program. The existing restrictions on the…
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