Draghi: ECB stands ready to adjust all instruments if needed

Market news

13 September 2018

Draghi: ECB stands ready to adjust all instruments if needed

Protectionism and emerging markets risks gained prominence
Uncertainty around underlying inflation is diminished
New growth and inflation forecasts
Ample degree of monetary policy stimulus still needed (guidance unchanged)

The US dollar sharply weakened against the major currencies after the release of inflation data, which did not reach forecasts, and against the backdrop of ECB press conference

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