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WATCH LIVE: ECB Press Conference

Published 12/09/2019, 11:37
Updated 12/09/2019, 13:38
© Reuters.

WATCH LIVE: ECB Press Conference

Investing.com -- Watch the webcast live from Frankfurt, as European Central Bank President Mario Draghi explains why he's restarting quantitative easing and what the bank is doing to protect the region's banks from the negative side-effects of its latest interest rate cut, which takes the ECB's deposit rate to a new all-time low of -0.50%.

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Negative interest rates in continental Europe indicate these economies are not in good shape and there is a strong liklihood of worse to come. Brexit shouting in the UK distracts us from seeing what is happening over there, particularly the very high and persistent youth unemployment. I appeal to our youth to research youth unemployment in the EU before declaring such as Brexit will destroy my life.
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