• ECB Draghi: falling prices the bigger risk to price stability

Noticias del mercado

24 octubre 2012

ECB Draghi: falling prices the bigger risk to price stability

 

 

--ECB's OMT will not lead to inflation

--Inflation expectations remain firmly anchored

--EMU economy to remain weak in near term

--Expect very gradual emu recovery in 2013

--EMU unemployment remains deplorably high

--ECB's OMT will not lead to disguised financing of govts

--ECB to intervene only in countries on sustainable path

--ECB will rountinely suspend omts during prog reviews

--OMT will not create excessive risks for taxpayers

--OMT interventions to be decided in full independence

--OMT conditionality protects ecb independence

--ECB acted to counter 'unfounded fears' about emu future

--EMU moving in right directn, importnt to stay on course


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