MARIO DRAGHI AUGUST-01-2013 #Draghi: Money-market expectations on rate hikes is unwarranted... Euro zone manufacturing grows for first time in two years in July... Inflation risks are still broadly balanced.... Monetary policy will remain accomodative for as long as necessary.... DRAGHI SAYS UNANIMOUSLY CONFIRMED FORWARD GUIDANCE... Draghi press conference seems to show that ECB are reactive and not proactive still... Draghi - Euro area countries should not unravel progress in deficit cutting measures.. Draghi: Weak loan dynamics reflect primarily the business cycle, credit risks and balance sheet adjustment... Draghi: annual rate of change of loans to private sector weakened further, to households remained unchanged... Draghi - Downside risks lowered global growth & slow economic reforms... #Draghi - Interest rate expected to remain at lower levels for extended period of time..
Posted on: Thu, 01 Aug 2013 13:08:49 +0000
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