Ecb's Draghi says very favorable financing conditions necessary to raise inflation to target

Market news

8 June 2017

Ecb's Draghi says very favorable financing conditions necessary to raise inflation to target

Economy to expander fraster than expected
Very substantial degree of monetary accommodation still needed
Momentum stronger in euro area economy
Underlying inflation subdued
Expansion yet to translate into stronger inflation dynamics

US initial jobless claims a little lower than expected

U.S.: Continuing Jobless Claims, 1917 (forecast 1920)

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