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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.15+0.8%4:00 PM EST
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To: TobagoJack who wrote (152929)2/2/2020 6:13:59 PM
From: Dr. Voodoo  Read Replies (2) of 218030
 
QE contagion catching on,,,, maybe need whole fleet of helicopters after Draghi could not quite get job done.

While Lagarde noted signs of a "moderate increase in underlying inflation" -- a remark that briefly pushed the euro to a session high -- it remains well short of its goal of just under 2 per cent. She also observed that downside risks to the ECB's economic outlook are "somewhat less pronounced".
Lagarde said monetary policy must remain highly accommodative, and reiterated that governments with the space to add fiscal stimulus should be prepared to do so.

afr.com
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