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5 Jun 2014
ECB's Draghi speech: Easing will continue if required
FXStreet (Łódź) - Draghi assures that the new measures will help bring inflation closer to the 2% target.
• The ECB is ready to swiftly carry out further easing, if need be.
• Targeted LTRO's are set to mature in 2018 and two years after each of the targeted LTRO's counterparties will have a repayment option.
• Draghi suggests that the Eurozone Economy should grow at a moderate pace in Q2, according to surveys.
• ECB's staff macroeconomic projections project annual real GDP increasing by 1.0% in 2014, 1.7% in 2015 and 1.8% in 2016.
• Geopolitical tensions and risks stemming from emerging markets could adversely affect the Eurozone economy.
• The ECB is ready to swiftly carry out further easing, if need be.
• Targeted LTRO's are set to mature in 2018 and two years after each of the targeted LTRO's counterparties will have a repayment option.
• Draghi suggests that the Eurozone Economy should grow at a moderate pace in Q2, according to surveys.
• ECB's staff macroeconomic projections project annual real GDP increasing by 1.0% in 2014, 1.7% in 2015 and 1.8% in 2016.
• Geopolitical tensions and risks stemming from emerging markets could adversely affect the Eurozone economy.