Mario Draghi signals the central bank is not ready to taper stimulus yet. While he sees some positive signs of growth, inflation pressure remains subdued and the bank lowers 2018 and 2019 inflation forecasts.
The comments should not cause big moves in markets (€1.1228) because his tone basically matches media reports yesterday.
The US 10-year yield is +2.195% vs 2.18% yesterday.
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