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Highlights: Draghi comments at ECB press conference

From reuters.com

The European Central Bank kept its policy unchanged as expected on Thursday, staying on course to end bond purchases by the end of December and to raise rates sometime after next summer. Following are highlights of ECB President Mario Draghi’s comments at a post-policy meeting press conference. UNDERLYING INFLATION While measures of underlying inflation remain generally muted, they have been increasing from earlier lows. Looking ahead, underlying inflation is expected to pick up towards the end of the year and to increase further over the medium term. GROWTH RISKS STILL BROADLY BALANCED The risks surrounding the euro ... (full story)

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  • Category: Fundamental Analysis