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Market chatter: ECB’s talking yet non acting

MADRID | By Jaime Santisteban | “The IMF nor politicians will have influence on the ECB as long as Mr. Draghi is running it” Link’s chief analyst J.J. Figares points out. As expected, the monetary authority announced on Thursday that it will stand still in spite of deflation tensions, maintaining interest rates at an all-time-minimum 0.25 % and choosing not to use the little ammunition it has left. However, Mr. Draghi left the door open for stimulus if needed.