- ECB's Draghi: The euro area economy continues to expand in a broad-based manner, across countries and sectors, despite some moderation following its strong growth in 2017
Market news
12 October 2018
ECB's Draghi: The euro area economy continues to expand in a broad-based manner, across countries and sectors, despite some moderation following its strong growth in 2017
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Uncertainty around inflation outlook is receding
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Economic indicators suggest that broad-based growth will continue
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Significant monetary policy stimulus is still needed
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Underlying inflation is expected to pick up towards the end of the year
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And it would then increase gradually over the medium-term
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Sees limited contagion from recent financial market volatility
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Cliff-edge Brexit could have potential to pose a more significant downside risk to financial stability - via forexlive.
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