ECB’s Draghi: ECB pledge to keep rates low “well past” QE is key – Reuters

The ECB’s President Mario Draghi is delivering his remarks at the Panel on Monetary Policy “Rethinking Macroeconomic Policy,” a conference sponsored by the Peterson Institute for International Economics, Washington D.C., with key highlights (via Reuters & LiveSquawk) found below:

  • Negative rate policy has been a success 
  • Reiterates QE, interest rate guidance
  • The ‘well past’ is very, very important in anchoring rate expectations
  • Reinforces stimulus from QE & low rates

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