ECB’s Draghi: Lowering interest rates to stimulate economies may risk sparking depreciation pressures in currencies at some future time

Author: Pete Jackson | Category: News
  • Each CB should be able to work free from pressures from other parties
  • If private and public sectors are heavily indebted, central banks have little space for manoeuvrability
  • External and fiscal imbalances are starting to become unwound
  • De-leveraging is proceeding in an orderly way