ECB Seeks Clarity on Economy Before Next Move

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FRANKFURT—European Central Financial institution President Mario Draghi mentioned coverage makers wanted to higher perceive what has triggered a moderation in financial development earlier than they’ll resolve on the way forward for the financial institution’s bond-buying program.

In a information convention Thursday, Mr. Draghi mentioned that whereas indicators of a slowdown within the first three months of the yr had been partly resulting from short-term elements, extra long-lasting headwinds may have been at play. Understanding what lay behind the moderation is “important for informing our subsequent choices,” he…

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