What Mario Draghi’s legacy move means for markets

Money Week | Sep 13, 2019 at 9:52 AM
  • A bit of exciting news before we get started today.
  • During his time as European Central Bank boss, he managed to convince markets that he wouldn’t let the euro implode on his watch.
  • In effect, he’s set monetary policy on autopilot so that Lagarde (who is more politician than central banker) can let QE rumble on and spend the rest of her time trying to convince German politicians to spend more money.