• ECB's president Draghi: ECB is providing substantial monetary policy support

Notícias do Mercado

24 outubro 2019

ECB's president Draghi: ECB is providing substantial monetary policy support

  • Services and construction show ongoing resilience but some moderation
  • Risks to the economic outlook remain on the downside
  • Headline inflation likely to decline further
  • Underlying inflation to pick up over medium term
  • Incoming data point to moderate but positive growth in H2
  • Weak growth delays pass-through to inflation
  • Ample degree of monetary policy is still necessary
  • Fiscal stance is 'mildly expansionary' and providing some support
  • Governments with fiscal space should act in a timely manner

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