Central Banks Don’t Have the Answer and Markets Know It
Mario Draghi, president of the European Central Bank (ECB), is displayed on a television camera viewfinder during a news conference to announce the bank’s interest rate decision at the ECB headquarters in Frankfurt, Germany (Photographer: Jasper Juinen/Bloomberg)

Central Banks Don’t Have the Answer and Markets Know It

(Bloomberg Opinion) -- It was hard not to come away depressed after watching European Central Bank President Mario Draghi’s Thursday press conference, during which he basically admitted that policy...
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