Draghi, ECB president, defends quantitative easing, says more effective than some economists credit

Mario Draghi, European Central Bank (ECB) president

Mario Draghi, European Central Bank (ECB) president Wednesday defended the policy of quantitative easing bond-buying, but gave investors little clue as to future monetary policy ahead of a much-anticipated speech at Jackson Hole on Friday. Speaking in Lindau, Germany, Draghi said that quantitative easing (QE) is more effective than some economists credit because of its […]