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ECB raises 2015 growth forecast slightly; inflation largely unchanged

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

  1. ForexLive

    ForexLive Forum Member

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    Draghi on the latest forecasts: - 2015 GDP at 1.5% vs 1.4% - 2016 unchanged at 1.7% - 2017 at 1.9% vs 1.8% On inflation: - 0.1% this year, unchanged - 2016 1.0%, unchanged The unchanged staff forecasts made it very hard for the doves to take action. The leak of the forecasts yesterday was the signal to buy the euro.

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