FOREX TradingCharts.com

Financial News: ECB's Draghi Says Eurozone Recovery Remains Solid

ECB's Draghi Says Eurozone Recovery Remains Solid

07/26/2018 - 09:30:00 (RTTNews)

(RTTNews) - European Central Bank President Mario Draghi said the euro area economic recovery is proceeding along its solid and broad-based path despite prominent uncertainties linked to the global trade.

"The underlying strength of the economy confirms our confidence that the sustained convergence of inflation to our aim will continue in the period ahead and will be maintained even after a gradual winding-down of our net asset purchases," Draghi said in the introductory statement to his customary post-decision press conference on Thursday.

"Nevertheless, significant monetary policy stimulus is still needed to support the further build-up of domestic price pressures and headline inflation developments over the medium term."

Earlier, the ECB Governing maintained its interest rates, asset purchases and forward guidance.

In June, the ECB announced that it hopes to halve its monthly bond purchases to EUR 15 billion after September and to end them in December. The ECB stands ready to adjust all of its instruments as appropriate to ensure that inflation continues to move towards the Governing Council's inflation aim in a sustained manner, Draghi added.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Poland GDP Growth Eases As Expected In Q2 (02 hr(s), 12 min(s), 45 sec(s) ago)
(RTTNews) - Poland's economic growth slowed slightly in the second quarter, in line with expec ...Full Story»

Bulgaria Q2 Economic Growth Eases (02 hr(s), 24 min(s), 45 sec(s) ago)
(RTTNews) - Bulgaria's economic growth slowed in the three months ended June, preliminary figu ...Full Story»

U.S. Import Prices Unchanged In July, Export Prices Unexpectedly Drop (02 hr(s), 52 min(s), 45 sec(s) ago)
(RTTNews) - With a jump in prices for fuel imports offset by a drop in prices for non-fuel imports ...Full Story»

Slovakia GDP Growth Improves In Q2 (03 hr(s), 0 min(s),45 sec(s) ago)
(RTTNews) - Slovakia's economic growth accelerated further in the three months ended June, pre ...Full Story»

Portugal Q2 Economic Growth Accelerates (03 hr(s), 13 min(s), 45 sec(s) ago)
(RTTNews) - Portugal's economic growth accelerated in the three months ended June, after easin ...Full Story»

German Q2 GDP Growth Improves On Domestic Demand (03 hr(s), 24 min(s), 45 sec(s) ago)
(RTTNews) - Germany's economic growth exceeded expectations in the second quarter on domestic ...Full Story»

U.S. Import Prices Unexpectedly Unchanged In July (03 hr(s), 30 min(s), 45 sec(s) ago)
(RTTNews) - With a jump in prices for fuel imports offset by a drop in prices for non-fuel imports ...Full Story»

Dutch GDP Growth Improves In Q2 (03 hr(s), 29 min(s), 45 sec(s) ago)
(RTTNews) - Dutch economic growth improved slightly in the three months ended June, preliminary fi ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Poland GDP Growth Eases As Expected In Q2

08/14/2018 - 09:58 AM (RTTNews)
(RTTNews) - Poland's economic growth slowed slightly in the second quarter, in line with expec ...Full Story>>

Bulgaria Q2 Economic Growth Eases

08/14/2018 - 09:46 AM (RTTNews)
(RTTNews) - Bulgaria's economic growth slowed in the three months ended June, preliminary figu ...Full Story>>

U.S. Import Prices Unchanged In July, Export Prices Unexpectedly Drop

08/14/2018 - 09:18 AM (RTTNews)
(RTTNews) - With a jump in prices for fuel imports offset by a drop in prices for non-fuel imports ...Full Story>>

Slovakia GDP Growth Improves In Q2

08/14/2018 - 09:10 AM (RTTNews)
(RTTNews) - Slovakia's economic growth accelerated further in the three months ended June, pre ...Full Story>>

Portugal Q2 Economic Growth Accelerates

08/14/2018 - 08:57 AM (RTTNews)
(RTTNews) - Portugal's economic growth accelerated in the three months ended June, after easin ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.