Draghi: Downside risks to growth are further diminishing

Draghi upbeat
– Eurozone upswing is increasingly solid
– Some of the tail risks have receded measurably
– We remain firmly convinced that an extraordinary amount of mon pol support, including further guidance, is still necessary
Draghi has moved the needle a tad further but it’s in the same pattern and tone as before. He’s said before that the economy was improving; now it’s further improving.