Market Overview

ECB Could Be Getting Set To Cut Interest Rates

ECB Could Be Getting Set To Cut Interest Rates

The European Central Bank could see rate cuts as a toolkit for new stimulus.

On Tuesday, the European stock market recovered from early falls as ECB President Mario Draghi promised more monetary stimulus if the economy does not improve. ForexLive reports the Euro is under renewed pressure now as Draghi comes out with the dovish hammer to knock down the currency.

Taking to Twitter, U.S. President Donald Trump responded:

Related Links:

Stocks Fall As ECB Cuts Growth Guidance, Bank Stimulus Plan Falls Flat

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Posted-In: ecb European Central BankNews Eurozone Global Econ #s Markets Media Best of Benzinga


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