23 Mar 2015
ECB Draghi upbeat - ANZ
FXStreet (Bali) - ECB President Draghi remained upbeat on the European outlook, notes ANZ Research Team.
Key Quotes
"In his address to the European parliament, ECB President Draghi remained upbeat on the European outlook, with recent signs pointing to an improving recovery, assisted by the lower euro and cheaper oil prices."
"QE was playing its part, with Draghi noting “a key factor for a full recovery of the euro-area economy and ensuring that inflation does not remain too low for too long will be the extra stimulus”.
"Draghi pushed back at claims that the ECB is compounding pressures on Greece as well as concerns that the ECB’s quantitative-easing plan will be hampered by a shortage of bonds available to buy."
Key Quotes
"In his address to the European parliament, ECB President Draghi remained upbeat on the European outlook, with recent signs pointing to an improving recovery, assisted by the lower euro and cheaper oil prices."
"QE was playing its part, with Draghi noting “a key factor for a full recovery of the euro-area economy and ensuring that inflation does not remain too low for too long will be the extra stimulus”.
"Draghi pushed back at claims that the ECB is compounding pressures on Greece as well as concerns that the ECB’s quantitative-easing plan will be hampered by a shortage of bonds available to buy."