The European Central Bank (ECB) will maintain its monetary policy, while claiming to be “ready” to use the instruments at its disposal to deal with all eventualities, Mario Draghi, the institution's President, told the press following the Governing Council meeting on Wednesday 10 April.
Unsurprisingly, the ECB has indicated that it will keep its key rates unchanged until the end of 2019. This confirms Mr Draghi's statement at the beginning of March, that these rates were justified by...