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Draghi: The Governing Council stands ready to adjust all of its instruments to ensure that inflation continues to move towards the inflation aim

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Draghi speech: Headline inflation likely to decline over coming months

From fxstreet.com

Mario Draghi, President of the ECB, is delivering his remarks on the bank's monetary policy decision in a press conference with key quotes, via Reuters, found below. • Risks tilted to downside. • Headline inflation likely to decline over coming months. • Underlying inflation muted. • Labour cost pressures have strengthened, broadened. • Underlying inflation to increase over medium term. In a widely expected decision, the European Central Bank (ECB) announced that the Governing Council left the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit ... (full story)

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