Draghi: ECB Could Buy Government Bonds

Draghi: ECB Could Buy Government Bonds

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Asian stocks rose as investors awaited Japanese Prime Minister Shinzo Abe's response to Japan's recession. Abe may delay a sales tax increase and call for early elections, possibly introducing stimulus measures. ECB President Mario Draghi suggested government bond buying to stimulate the eurozone if needed. The ECB's forecasts may show weaker growth. Former Bank of England governor Mervyn King supported UK Prime Minister David Cameron's caution about global growth, noting the eurozone's recession risk. Despite recovery signs in the US and UK, other regions show no such signs.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the text, what signs of recovery are mentioned in the United States and the United Kingdom?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the overall sentiment regarding the global economic outlook as described in the text?

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