Fiscal policy should support recovery but comply with rules - ECB’s Draghi

President Mario Draghi still on the wires:

“Very early to comment on Trump's statements”.

“A need to decrease QE is still a high-class problem”.

“Didn’t discuss decreasing QE today”.

“Looking for durable convergence on inflation”.

 

Risks surrounding recovery still on the downside – ECB’s Draghi

More on the press conference by ECB’s Mario Draghi: “There are signs of somewhat stronger global recovery” “However, sluggish reforms are dampening
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Will Upgrade, Revise QE Strategy If Deemed Necessary - `ECB’s Draghi

As Draghi’s presser goes on, he added: “Not targeting FX rates”. “Too early to say about Brexit. Economic consequences will depend on shape and time
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