ECB Praet: subdued inflation, yet no deflation
|ECB's Praet was hitting the wires and said that deflation risks have disappeared yet inflation will remain subdued.
Key Quotes via RTRS:
- Euro area recovery remains solid, broad-based and resilient, the economy has yet to make sufficient progress towards governing council's aim
- Says in more normal market conditions, the market become "more patient"
- May be better able to evaluate the stimulus that can be expected to come from a purchase plan that is to be executed over a more extended time interval
- Monetary policy impulse that is still necessary to secure a sustained adjustment in the path of inflation in a way that is consistent with our monetary policy aim
- Says in more normal market conditions investors may become "more patient", or, in other words, better able to evaluate the stimulus
- Says we are still some distance away from a sustained adjustment
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.