European Central Bank warns that protectionism is hurting growthLatest: ECB cuts growth forecasts as threats mounteurozone QE on hold after almost four yearsEarlier:Mike Ashley says November was worst in living memoryAshley says Debenhams may not survive without cash injectionItaly caves in over its budget 1.58pm GMT Q: You are ending QE four years after the US Federal Reserve, so are you concerned that you lack tools to fight the next downturn?No, says Draghi, before immediately adding that the ECB is “always concerned”. But it does have instruments to combat any downturn. 1.58pm GMT Q: Did you discuss when you might start to raise interest rates? Continue reading…
Via: ECB halts QE bond-buying programme, and cuts growth forecasts – business live
Categories: English News