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ECB's Draghi says risk of deflation largely disappeared

More from the press conference:

  • No signs yet of upward trend in underlying inflation
  • Headline CPI to remain at levels close to 2 pct in coming months
  • Underlying inflation to rise only gradually
  • Projections conditional on full implementation of all policy measure
  • Greater reform effort needed in all euro area countries
  • Council acknowledged success of policy
  • Risk of deflation largely disappeared

ECB's Draghi: 2017 inflation seen at 1.7% vs. 1.3%

ECB procejtions: 2018 Seen at 1.6% vs 1.5% 2019 Seen at 1.7% vs 1.7% 2017 GDP seen at 1.8 vs 1.7 2018 GDP seen at 1.7% vs 1.6% 2019 GDP seen at
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ECB's Draghi says, there is no sense of urgency to take further action

More from Draghi: Too early to declare victory on the inflation front Policy measures from 2016-2019 is 1.7 pct on inflation Balance of risk has
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