what does that even mean
Draghi: 'risks to outlook are broadly balanced'
Draghi: "risks to outlook are broadly balanced"— zerohedge (@zerohedge) June 8, 2017
Added at 8:34am
Draghi: Economic expansion has yet to translate into stronger inflation dynamics. Underlying inflation continues to remain subdued.— European Central Bank (@ecb) June 8, 2017
Added at 8:38am
DRAGHI: CORE INFLATION HAS YET TO SHOW CONVINCING UPWARD TREND— zerohedge (@zerohedge) June 8, 2017
Added at 8:44am
Draghi opening statement: New information confirms a stronger economy
Highlights of Draghi's opening statement on June 8, 2017: • Purchases will go through December or longer • QE purchases will continue until sustained inflation • New information confirms a stronger economy • Risks to the growth outlook are now broadly balanced • Underlying inflation remains subdued • If inflation disappoints, we stand ready to add stimulus The growth assessment was upgraded to broadly balanced. That was expected.
Added at 8:47am
Mario Draghi, Vítor Constâncio: Introductory statement to the press conference
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. I would like to thank Governor Hansson for his kind hospitality and express our special gratitude to his staff for the excellent organisation of today’s meeting of the Governing Council. We will now report on the outcome of our meeting. Based on our regular economic and monetary analyses, we decided to keep the key ECB interest rates unchanged. We expect them to remain at their present levels for an extended period of time, and well past the horizon of our net asset purchases. Regarding non-standard monetary ... (full story)