Risks surrounding recovery still on the downside – ECB’s Draghi

Pablo Piovano FXStreet

More on the press conference by ECB’s Mario Draghi:

“There are signs of somewhat stronger global recovery”

“However, sluggish reforms are dampening EMU’s recovery”.

“No convincing upward trend in underlying inflation”.

“Headline inflation likely to pick up further near term”.

“Underlying inflation expected to rise more gradually medium term”.

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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