Highlights of the ECB press conference

Highlights of the ECB press conference

ECB's President Draghi is speaking at his press conference and answering questions. These are highlights of his speech.

  • QE program will be in place until it becomes sustained 
  • A very substantial degree of accommodation is still needed to support headline inflation
  • Asset purchase program can be increased in size and duration if needed to sustain robust economic growth and steady inflation rates (this is the line under question for June)
  • Survey results signal the Eurozone economic recovery will firm and broaden
  • Eurozone growth dampened by the sluggish pace of structural reforms
  • Risks are moving closer to being broadly balanced
  • Risks are still tilted to the downside; they are mostly related to global factors
  • Inflation rate headline will increase in April, but then it will be predominantly unchanged 
  • So, underlying inflation will rise only gradually
  • Inflation rate is still low 

Similar

American consumer inflation goes up

In October, American consumer prices managed to jump by the most for 9 months against the backdrop of profits in the cost of gasoline as well as rents, thus indicating steadily soaring inflation, which will probably keep the key US bank on track to have…

Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera