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ECB: still confident


The ECB is still confident. That is the message from Mario Draghi’s press conference following the Governing Council meeting.


TRANSCRIPT // ECB: still confident : October 2018

Despite a pickup in market volatility and increased uncertainty, the ECB remains confident in the outlook for growth. The recent softening of survey indicators represents a loss of momentum and is not pointing towards a downturn. In conjunction with accelerating wage growth, this points towards a gradual increase of inflation.

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