Mario Draghi to Attend Fed’s Jackson Hole Just Before Key ECB Decision

Mario Draghi will attend this year’s U.S. Federal Reserve symposium in Jackson Hole, opening the possibility that he could send a message on the European Central Bank’s bond-buying program as the euro area becomes less reliant on stimulus.

The ECB president is scheduled to attend the Kansas Fed event in Wyoming, an ECB spokesman said. The annual gathering will take place August 24-26, less than two weeks before Draghi convenes a meeting of the decision-making Governing Council in Frankfurt.

The appearance in Jackson Hole will be charged with symbolism as the ECB’s three-year campaign against the risk of euro-area deflation draws to an end. When Draghi last spoke there, in 2014, he added a line to his prepared remarks saying inflation expectations had fallen “at all horizons.” The comment was made without consultation with the Governing Council and heralded the large-scale asset purchases that would start six months later.

The bond-buying

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<