European Central Bank President Mario Draghi: the ECB’s monetary policy is working

Market news

28 April 2016

European Central Bank President Mario Draghi: the ECB’s monetary policy is working

The European Central Bank (ECB) President Mario Draghi said in an interview with the German newspaper Bild on Wednesday that the central bank's monetary policy was working, but more time was needed.

He noted that the ECB was aware of the situation for savers, who are affected by low interest rates.

Draghi also said that Britain would lose benefits of the single market if it leaves the European Union.

Bank of Japan keeps its interest rate unchanged at -0.1% in April

Reserve Bank of New Zealand keeps its interest rate unchanged at 2.25% in April

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.