European Central Bank’s Draghi Hints at Easing

European Central Bank President Mario Draghi speaks during a regular monetary dialogue at the European Parliament in Brussels, July 9. Thursday, Draghi’s reassuring comments in support of the euro sent stock markets soaring. (Thierry Charlier/AFP/GettyImages)

European Central Bank (ECB) President Mario Draghi spoke at an investment conference in London Thursday and surprised markets with his reassuring statements: “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.”