• ECB Draghi: All nonstand measures temporary by nature

Market news

9 February 2012

ECB Draghi: All nonstand measures temporary by nature

  • real 4Q GDP in 2011 likely very weak
  • tentative signs of stabilization of econ at low level
  • EMU econ to recover very gradually
  • very low int rates, financial measures helping economy
  • latest data confirm previous assessment
  • infl to stay above 2% some months, then decline
  • risks and high uncertainty affect econ outlook
  • underlying monetary expansion subdued

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