The Trader 

Market Outlook: Draghi anchoring expectations

The Trader

At a Washington event yesterday, ahead of a G20 meeting, pledged to keep interest rates at their current ultra-low level until ‘well past’ the end of its bond-buying programme.  ‘The well past is very, very important in anchoring rate expectations’.  Earlier in the day the head of the German Bundesbank, Yens Weidmann had said that current ultra-low rates ‘must not last too long and, in an economic upturn, the monetary policy taps must be turned off in a quick and consistent manner’.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now