Mario Draghi did get round to announcing a much-anticipated new round of quantitative easing (QE) in the end, but never have nine minutes felt so long.
U.S. stocks moved lower Thursday after European Central Bank President Mario Draghi hinted that the bank is ready to back a big monetary stimulus, but would be delaying any action until next year.
Today every central bank on the planet is printing money by the bucket loads in an attempt to stimulate their economies to escape velocity and a sustainable recovery.