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Mario Draghi is leaving the ECB: Here are the key moments of his 8-year reign
Mario Draghi, the Italian economist and former Goldman Sachs executive, will soon end his mandate at the head of the European Central Bank (ECB). Thursday marks his last press conference and rate decision at the euro zone’s central bank and he will officially leave on October 31. CNBC takes a look at some of his key moments over his eight-year reign.After only two months in office, Draghi announced a surprise rate cut of 25 basis points — thus reverting the policies of his predecessor. The announcement marked the first rate cut in two years. Draghi based the decision on a “mild recession by year end.”
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