Draghi: Price-pressures in euro zone remain modest
- Thorough analysis pf incoming data is warranted
- Signs of tentative stabilization
- LTRO is supporting the banks, but remain temporary in nature
- Financial market tensions dampening growth
- Expect very gradual recovery this year
- Very substantial downside risks from sovereign debt crisis
- Inflation rates elevated, likely to stay above 2% for several months before falling below 2%
- Growth and wage pressures modest; main downside risk: European and global growth
- Credit supply holding up, through November; bears close scrutiny

AUTOREFRESH 













Draghi can talk as much as he likes.. we have the econ data from the EU, US which clearly shows a recession is on the way( is here) EURUSD is going down
EUR likes Draghi´s talk. 70 pips.
well the problem is that this is just talk. it clearly means nothing
Whatever you think …