Draghi Did Not Keep His Promise

By |2017-07-26T12:50:08-04:00July 26th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It is like a great many things forgotten now, but five years ago today the head of the ECB compared Europe to a bumblebee. That’s not quite right, however, as Mario Draghi really said the euro was like a bumblebee, but you’d be forgiven for mixing the two up. The purpose of his folksy analogy was so that Europe and [...]