European Central Bank President Mario Draghi is speaking in Frankfurt, Germany, following the central bank’s monetary policy decision.
The ECB decided Thursday keep its monetary policy unchanged and said that it would keep rates at current levels until “well past” the end of net asset purchases.
Analysts expected the institution to reconfirm its main messages from its previous meeting in October. In that meeting, the ECB said it would cut the level of bond purchases each month, but extend the length of time that its quantitative easing (QE) program runs.
Source: cnbc
ECB chief Draghi speaks following monetary policy decision