Draghi says idicators suggest recovery becoming increasingly solid. EUR/USD up 50 pips

Market news

27 April 2017

Draghi says idicators suggest recovery becoming increasingly solid. EUR/USD up 50 pips

Favorable financing conditions necessary to raise inflation to target
Underlying inflation pressures subdued
Downside risks have further diminished

Draghi: very substantial degree of accommodation still needed

Draghi: the governing council continues to expect the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the net asset purchases

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