Draghi delivers: historic QE plan smashes expectations

It may have been one of the most telegraphed moves in central banking history, but on Thursday, European Central Bank president Mario Draghi finally gave the capital market punters what they wanted and dialled some big numbers. He has promised to “do whatever it takes” to save the euro since July 2012, but now, with the advent of sovereign quantitative easing he is at last walking the walk, to go with the talk.