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Scoop.it!
European Central Bank chief Mario Draghi is more cautious about eurozone growth - likely to push rate rises into the distance. Via Graham Watson 
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Scoop.it!
The eurozone’s economic recovery is largely driven by rock-bottom interest rates and so it is vital that the European Central Bank does not tighten policy, the lender's boss Mario Draghi has warned.
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Still, if UK growth slows post-Brexit, at least we'll be able to rely on the EU to bail us out.
Or not, as the latest data might suggest. Eurozone growth is slowing and the President of the European Central Bank (ECB), Mario Draghi, has sounded a note of caution about future prospects, and signals that future interest rate rises are unlikely.