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- Draghi: The economy will keep pace with solid growth
Draghi: The economy will keep pace with solid growth
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Loading...The latest data is stabilized and is in line with forecasts.
Recent data indicate continued growth.
The risks to the growth outlook remain broadly balanced.
Global insecurity and the danger of protectionism are prominent.
The risk of fluctuations in the financial market remains high.
Basic inflation remains low but gradually rises in the medium term.
Permanent growth allows the recovery of fiscal buffers.
We took note of the Trump-Junkcer meeting. This is a good sign.
The ECB did not discuss the reinvestment.
At this stage, we do not see the need for a change in forward management.
The exchange rate is not a policy goal.
The euro appreciated significantly in the last year or a year and a half.
There is no major change in the assessment of prospects for growth and inflation; or a change in the monetary policy message.
Expect wage growth broadly in H2
Draghi said that money market expectations are well-suited to the expectations of the ECB and that the money markets are currently pricing a 57% chance for 10 basis points in September 2019. There was a certain feeling that Draghi would give a stronger hint of interest rates but was more moderate.
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