• Draghi says strong cyclical momentum strengthen further confidence that inflation will converge to tgt

Market news

25 January 2018

Draghi says strong cyclical momentum strengthen further confidence that inflation will converge to tgt

  • Ample degree of monetary stimulus necessary for underlying inflation

  • Domestic price pressures muted, yet to show convincing upward trend

  • Information confirms robust pace of economic expansion

  • Economy accelerated more than expected

ECB's Draghi says headline inflation likely to hover around current levels in coming months before increasing again
U.S initial jobless claims lower than expected last week
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