– ECB sees rates remaining at present or lower levels for an extended period of time
– Sees ongoing recovery and rise in CPI
– ECB will monitor developments closely
– New staff forecasts will help ECB assess conditions
– Recovery to continue at moderate pace
– ECB still sees support from low oil prices
– Inflation to remain low in coming months
– Inflation should pick up later in 2016
– Early survey showed no major inflation impact from Brexit
– Will be monitoring for further Brexit influences
– If there are problems, ECB will use all instruments if needed
– Bank equity prices are of some significance for policy makers
*via forexlive
The post ECB, Draghi: ongoing recovery and rise in CPI. Eur/Usd on the rise appeared first on forex-analytics.press.