Draghi’s speech: inflation gradually returning towards our objective

Haresh Menghani FXStreet

The ECB President Mario Draghi delivered an introductory speech at the ECB Forum on Central Banking, in Portugal, and said that inflation is gradually returning towards our objective as Euro-zone economy continues on a growth path.

Additional quotes:

• Uncertainty permeates the economic outlook.
• Monetary policy will remain patient, persistent, and prudent.
• Uncertainty surrounding the growth outlook has recently increased.
• Growth expectations for the medium-term remain essentially unchanged.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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