The European Central Bank (ECB) is expected to occur in the euro zone in a weak economy, “long-term”. That said, ECB president Mario Draghi last Thursday, as the explanatory notes that accompany the interest rate decision.
The economic outlook for the euro zone, according to him, have been revised downward to a growth rate of 1.2 per cent by the year 2020. Also, the prospects of inflation will be lower than expected; by 2021 it would be 1.5 per cent.
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in Addition, when such a perspective is not taken into account by a hard-brexit, according to Draghi, while the probability of such a scenario, in the meantime, has been increased.
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this is why the ECB has to create a so-called “rocket launcher” and has put in order the economy a shot in the arm to give it. The deposit rate has been lowered, and the opkoopprogramma will be re-launched. According to Draghi, were all members of the ECB agrees that this is necessary or not.
