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Draghi: We expect interest rates to remain at present or lower levels
Draghi: We expect ECB interest rates to remain at present or lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within our projection horizon… (1/2)
— European Central Bank (@ecb) October 24, 2019
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Draghi: We expect net purchases to run for as long as necessary to reinforce the accommodative impact of our policy rates, and to end shortly before we start raising the key ECB interest rates
— European Central Bank (@ecb) October 24, 2019
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Draghi: The Governing Council reiterated the need for a highly accommodative stance of monetary policy for a prolonged period of time to support underlying inflation pressures and headline inflation developments over medium term
— European Central Bank (@ecb) October 24, 2019
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Draghi: The Governing Council continues to stand ready to adjust all of its instruments, as appropriate, to ensure that inflation moves towards its aim in a sustained manner, in line with its commitment to symmetry
— European Central Bank (@ecb) October 24, 2019
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ECB’s Draghi: Ample Degree Of Monetary Accommodation Still Needed
— LiveSquawk (@LiveSquawk) October 24, 2019
- Reform Implementation Must Be Steeped Up Substantially
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