5 Takeaways from the ECB’s September Meeting

Appearing tanned and rested after the summer vacation, European Central Bank President Mario Draghi celebrated his 68th birthday Thursday with a dovish performance at his latest press conference. He unveiled slightly lower forecasts for eurozone economic growth and inflation, and indicated that should growth and inflation disappoint further, policy makers are prepared to respond with additional stimulus. His comments weakened the euro, and sent share prices climbing on European and U.S. stock markets. Here are five takeaways from the news conference.

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