Draghi talks inflation and the QE end dat
- Higher HICP has strengthened governing council in its determination
- ECB must be convinced that QE objective has been reached in a sustained fashion
- Data confirms that ECB's policy moves were right
- ECB has not discussed any exit strategies
- There's a long way to go in terms of inflation
He skirted around answering whether the QE end date could be changed if inflation rose. That goes back to what I said in my preview earlier that the date isn't set in stone but he doesn't want to mention that yet
Draghi on his way to the inflation target (h/t) Victor Leonardi)
