VW reaches deal with US government - ECB policy seen as less than stimulating - German savers bemoan low interest rates - German beer purity law turns 500
ECB chief Mario Draghi is expected to highlight the euro area's strengthening economy while underlining the need for caution as the bank inches toward ending its stimulus. But interest rates will not rise anytime soon.
The European Central Bank (ECB) has indicated it won't cut interest rates any further as the eurozone economy is improving. But it will continue to pump more stimulus into the bloc amid subdued inflation.
ECB chief Mario Draghi has said the lender's moves to lower its interest rates in recent years have helped to consolidate the eurozone economies. He defended his policy before lawmakers in Berlin.
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