Draghi speech: There are some signs of pickup in inflation

Eren Sengezer FXStreet

Following his introductory statement at the Quarterly Hearing before the Committee on Economic and Monetary Affairs (ECON) of the European Parliament in Brussels, ECB President Draghi is responding to questions, with the key quotes found below:

We're beginning to see some early signs of a pickup in consumer inflation as well as PPI
It's very early to think that we're going to change monetary policy stance based on these early inflation signs
Wage growth is still subdued

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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