Central Bankers against politicians


European Central Bank (ECB) President Mario Draghi laughs at the 'European Banking Congress' in Frankfurt am Main, Germany, 18 November 2016.

Draghi joins Carney in deflecting political criticism on low-interest policy

ECB President Mario Draghi committed the Eurozone to an indefinite period of low-interest rate policy on Friday.

He is not the only one who feels the need to assert the need for ultra-low rates. Wolfgang Schäuble, Donald Trump, and Theresa May have been voicing criticism on monetary policy, particularly low-interest rates that have hurt fixed income funds and savers.
Draghi and the ECB
Speaking at the European Banking Congress in Frankfurt on Friday, Draghi said that there was some optimism...

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