European Central Bank President Mario Draghi warned of dire consequences for the global economy if the U.S. government shutdown is extended. "If it were to be protracted, it would certainly pose a risk for the recovery in the U.S. and the world. And this is clearly on our minds," Draghi said, noting that the ECB has an array of tools at hand to prop up the struggling eurozone as needed. Earlier, the bank chose to leave its lending rate unchanged.
Published in Brief: