Earlier today, the ECB announced that its benchmark rate of 1% would be unchanged, in line with expectations, and investors were clearly anxious to hear the bank’s stance now given the most recent economic data, for a clue to how and when the central bank intends to address the economies’ retrogression. At the customary press conference which followed, ECB chief Mario Draghi said downside risks were impacting the economic outlook, with the most recent data highlighting the prevailing uncertainty. Read more