European Central Bank (ECB) President Mario Draghi said on Thursday that the bank had “never discussed” issuing so-called helicopter money as part of its efforts to bolster the euro zone’s economy.
“We haven’t really thought or talked about it… It’s a very interesting concept … but we haven’t studied it,” he said at his regular media conference, according to Reuters.
The bank maintained its monetary policy on Thursday, after delivering a surprise set of measures last month to boost the euro zone economy.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.