Evasiveness at the ECB
What was Mario Draghi trying to achieve by holding a press conference in which he essentially said nothing? He basically said that the ECB will decide what actions to take concerning Quantitative Easing once they get fresh economic data, including inflation, in December. But their inflation data has been wrong half the time in the past five years, so what use would that be?
Will Draghi and the ECB actually wind down asset purchases in March, or do you think they will keep going with them?
Is this simply a case of central bankers acting like politicians so that they don’t have to give any real answers?
