ECB's Praet says we still need to create a sufficiently broad and solid information basis to build confidence that the projected path of inflation is robust, durable and self-sustained

Market news

24 May 2017

ECB's Praet says we still need to create a sufficiently broad and solid information basis to build confidence that the projected path of inflation is robust, durable and self-sustained

In june, the Governing Council will draw on the latest information and will have new projections as well as an updated assessment of the distribution of risks surrounding the economic outlook
Upswing is becoming increasingly solid and continues to broaden across sectors and countries
Underlying inflation pressures still give scant indications of a convincing upward trend as domestic cost pressures, notably wage growth, remain subdued
From today's point of view, there are signs of a stronger global recovery and a pick-up in international trade

ECB's Constancio says fully aware that economy improving, improvement will be reflected in future decisions. EUR/USD up 22 pips from the daily lows

Kuwait oil minister says everything is on the table including deeper cuts, one-year extension

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