• Draghi says core inflation yet to show convincing sign of upward trend

Market news

26 April 2018

Draghi says core inflation yet to show convincing sign of upward trend

  • Has confidence that inflation will converge with target

  • Need to monitor fx

  • Ample degree of monetary stimulus still needed

  • Underlying trends continue to support confidence

  • Moderation of growth

ECB's Draghi says indicators suggest some moderation in growth, moderation may reflect a fall back from high pace of growth, temporary factors
Draghi: We continue to expect interest rates to remain at their present levels for an extended period of time
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