Draghi: QE will run until end of March 2017 or beyond

20.10.2016 / 15:56

Rating:

Draghi's introductory statement

Sees a moderate and steady recovery in the economy
Sees gradual rise in inflation
Outlook remains subject to downside risks
In Dec ECB will have new staff projections through to 2019
Council will review the committees work on QE in Dec
Data suggests Q3 will be similar to Q3
Investment should be supported by favourable financing conditions
EZ economy expected to be dampened by export demand
There is no signs yet of a convincing upward trend in underlying inflation

That a big clue that they won't be cutting QE anytime soon.

Inflation likely to pick up over next couple of months
Inflation to rise further in 2017/18
Circumstances dictates that we must preserve substantial mon pol
Inflation must return to target without undue delay
Other policy players must play their part
Structural reforms are necessary and should be stepped up

Varchev Traders

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Draghi: QE will run until end of March 2017 or beyond

London

Universal numbers