Draghi Speech: Monetary policy has continued to secure very favourable financing conditions needed

Eren Sengezer FXStreet

Mario Draghi, President of the ECB, is giving his remarks on the monetary policy decisions, with key headlines, via Reuters, found below:

Monetary policy has continued to secure very favourable financing conditions needed
Economic expansion continues to expand in euro zone economy
Risks to growth outlook broadly balanced
Growth yet to translate into stronger inflation dynamics
Measures of underlying inflation subdued

Key notes:

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ECB's press conference

Following the ECB´s economic policy decision, the ECB President gives a press conference regarding monetary policy. His comments may influence the volatility of EUR and determine a short-term positive or negative trend. His hawkish view is considered as positive, or bullish for the EUR, whereas his dovish view is considered as negative, or bearish.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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