• Draghi says broadly unchanged outlook for growth, inflation

Market news

7 September 2017

Draghi says broadly unchanged outlook for growth, inflation

  • Need to monitor fx

  • Underlying inflation ticked up, remain subdued

  • Policy measures yet to translate into stronger inflation dynamics

  • Confident that inflation will head towards inflation aim

  • Need to monitor impact on price stability

  • This autumn will decide on calibration of policy beyond this year

  • Very substantial degree of stimulus still needed

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