The fallout from the ECB decision

The Telegraph has a roundup of some reactions to Draghi’s press conference.

Traders and investors who expected immediate action are, and should be, disappointed. More scolding of governments, but no ECB action, is the bottom line.

There is also optimism:

If transferred into actual activity would be close to the ‘big bazooka’ approach that the markets are looking for, but it requires the governments concerned to ask for help. I think the sceptical take from the markets is understandable but I would caution that Draghi is likely to follow through with actual actions.

Featured Videos