Central Banks

ECB's Draghi speaks after the central bank's latest rate decision

ECB's Draghi: Expect rates to remain at present levels until end of 2019

European Central Bank President Mario Draghi spoke at a press conference Wednesday following the institution's decision to leave interest rates unchanged.

Analysts broadly expected the central bank to hold rates steady. All eyes were on Draghi as he delivered a speech on the ECB's latest monetary policy decision, the health of the euro zone and forward guidance.

ECB's Draghi: Euro zone risks remain tilted to the downside

The ECB chief warned that data gathered by policymakers in recent weeks had confirmed "slower growth momentum" in the euro zone.

Back in March, the ECB announced another program to stimulate bank lending in the euro zone, and pushed back the timing of its highly-anticipated first rate hike to 2020.

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