Policy will remain accommodative for a long time

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Draghi, in his testimony, added further that monetary policy will remain accommodative for a long time and has been the only true stimulative tool in the last 4 years.

    Key Quotes

    ECB must look at all tools to decide which is most effective

    Global disinflation is not an excuse for ECB inaction

    Timeframe for inflation to reach target has gradually increased due to external factors

    Countries which have fiscal space should use it
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