Here Comes Mario Draghi's Press Conference...
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REUTERS/Francois Lenoir
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The press conference comes after the latest monetary policy decision from the ECB, which saw the bank unexpectedly cut interest rates.
The ECB cut its main refinancing rate to 0.05%, its marginal lending facility to 0.3%, and its deposit facility to -0.2%.
These rates were expected to remain unchanged at 0.15%, 0.4%, and -0.1%, respectively.
A report from Reuters just ahead of the ECB announcement said the ECB is planning a 500 billion Euro asset purchase program. Reuters said if this plan is agreed to, Draghi will announce it during this press conference.
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