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ECB's Draghi: We'll go further than March 2017 if we need to

Comments from Draghi on the wires

  • If warranted we will act by using all the instruments available within our mandate

  • We will preserve the very substantial amount of monetary support

  • QE will run until the end of March or longer if needed

  • Sees EZ inflation picking up through 2018

  • ECB will prevent harmful second round price effects

  • Sees a unique window to step up structural reforms

The rest is pretty much the standard stuff, risks tilted to downside etc etc, and he's not missing the opportunity to nudge governments again.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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