BERLIN—The head of the European Central Bank rejected arguments made in Germany that its low interest rates and other easy-money policies were benefiting crisis-hit euro-zone countries at the expense of frugal German savers.
Speaking in the German capital, ECB President Mario Draghi defended the latest reduction in interest rates while also raising a warning note about “a nationalistic undertone” to some of the charges…
Original post: Draghi Defends Rate Cut
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