Arab Today, arab today ecb to decide on next stimulus moves in autumn
Last Updated : GMT 18:30:25
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Arab Today, arab today

ECB to decide on next stimulus moves 'in autumn'

Arab Today, arab today

Arab Today, arab today ECB to decide on next stimulus moves 'in autumn'

chief Mario Draghi
Frankfurt am Main - Arabs Today

The European Central Bank will lay out its next stimulus moves "this autumn", chief Mario Draghi said Thursday, as the bank moves closer to an exit from the era of cheap money.

"This autumn we will decide on the calibration of our policy instruments beyond the end of the year, taking into account the expected path of inflation and the financial conditions needed for a sustained return of inflation rates towards levels that are below but close to 2.0 percent," he said at a press conference.

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