Draghi Spared as Confidence Mood Swing Quells ECB Rate-Cut Talk

Mario Draghi might be spared from having to make the thorniest of interest-rate cuts. Improving confidence indicators have eased pressure on the European Central Bank president to reduce the benchmark rate from a record low, a move fraught with the unknown consequences of possibly pushing the dep…

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Draghi Spared as Confidence Mood Swing Quells ECB Rate-Cut Talk