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AT THE CONCLUSION of the Q&A following last week’s ECB press conference, ECB president Mario Draghi and vice president Vítor Constâncio forgot to mute their mics before sharing the following exchange:

Draghi: “Well, I don’t think, there shouldn’t be any market reaction.”
Constancio: “No, no.”
Draghi: “I guess, no? If there is, I don’t know what to say.”
Constancio: “No, no.”
Draghi: “It’s more boring…”
Constancio: “No, markets were not expecting much…”
Draghi: “Ok.”

Trust them – they know what they’re doing.

Watch the video here…

The full video is up on the ECB’s website, where they post recordings from all of their press conferences. The clip above comes from the very end of the video.

Of course, when they uploaded it to YouTube, they made sure to cut out the last 30 seconds or so.

- Matthew Boesler, Robert Libetti

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Mario Draghi and his VP caught joking on mic

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.