Draghi Q&A: Policies effective, accommodation for longer

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - Draghi Q&A is underway, noting that policies being run by the Central Bank have been effective, while adding that they intend to keep accommodation longer.


    We want to consolidate something that's been a success

    Reinvestment is 'quite an important announcement'

    We are doing more because it works

    We are confident these decisions are adequate to meet our objectives

    Decisions today were with a 'very large majority, very large'

    I don't think our communication was wrong

    Measures need time to be fully appreciated

    Without measures implemented, inflation would be at least 0.5pp lower in 2016, and one third lower by 2017
    For more information, read our latest forex news.

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