Draghi: Problems of fiscal policy could undermine U.S. credibility for a longer time than previously expected

Market news

6 December 2012

Draghi: Problems of fiscal policy could undermine U.S. credibility for a longer time than previously expected

The downside risks associated with the uncertainty surrounding the sovereign debt crisis

There are downside risks to the economic outlook

In September, the ECB experts forecast that GDP growth in 2013 will be between 0.4% and 1.4%

ECB experts expect that GDP growth in 2014 will be between 0.2% and 2.2%

ECB experts expect that GDP growth in 2013 will be between 0.9% and 0.3%

Before the bell: S&P futures -0.20%, Nasdaq futures -0.27%

Draghi: Since the solutions of direct cash transactions there is a very significant improvement in financial conditions

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