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The European Central Bank will decide at its Dec. 8 meeting on the continuation of its stimulus program, President Mario Draghi said on Monday, quashing speculation about a delay in the decision to January. As a consequence, euro fell on Monday at 1.0563


Mario Draghi said in the European Parliament that the bank's leadership "will assess the various options that would allow the governing council to preserve the very substantial degree of monetary accommodation necessary" to raise inflation toward the bank's goal of just under 2 percent.
The council will discuss whether to extend its 1.77 trillion euros ($1.87 trillion) in bond purchases, a form of stimulus that pumps 80 billion euros per month into the economy.

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