Central Banks

Mario Draghi talks monetary policy, the euro and politics at ECB press conference

Don’t see systemic danger from bubbles: Draghi
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Don’t see systemic danger from bubbles: Draghi

European Central Bank (ECB) President Mario Draghi spoke in Frankfurt on Thursday, following the ECB Governing Council's meeting, which saw the group discuss the current state of monetary policy in the euro zone.

During the press conference, Draghi and fellow ECB officials spoke on the timing of a possible exit from the bank's ultra-loose monetary policy program, as well as commenting on overall strategy.

Draghi: Bulk of decisions will likely be taken in October
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Draghi: Bulk of decisions will likely be taken in October

Other topics that the ECB president drew upon during the hour-long conference included the recent moves in the euro, and the current health of European banks.

On Thursday, the ECB decided to hold fire and leave its benchmark interest rate unchanged.

For more articles and market reaction from the central bank's latest meeting and press conference, check out the CNBC International website.

ECB’s Draghi: Euro FX rate will have consequences
VIDEO7:4507:45
ECB’s Draghi: Euro FX rate will have consequences