Draghi Says ECB Will Offer More Long-Term Loans If Needed - TopicsExpress

Draghi Says ECB Will Offer More Long-Term Loans If Needed European Central Bank President Mario Draghi said he’s ready to deploy another long-term refinancing operation to provide funds to Europe’s banking system if needed. “We are ready to use any instrument, including another LTRO if needed, to maintain the short term money markets at the level that is warranted by our assessment of inflation in the medium term,” Draghi said in response to questions from lawmakers in the European Parliament in Brussels today. ... read more : forex-tsd/financial-news-analytics/26338-forex-news-486.html#post634606

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