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ECB: Draghi stands firm on quantitative easing

European Central Bank (ECB) President Mario Draghi acknowledged that the economy is showing signs of strengthening, but told a meeting of European lawmakers that the ECB has no plans to end its policy of stimulus through quantitative easing. The policy has come under fire recently, especially from Germany, but Draghi cautioned against reacting to “individual data points and short-lived increases in inflation.”

Source: MarketWatch (06 Feb 2017)

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