ECB Press Conference

ECB Press Conference

#Draghi says inflation expectations remain firmly anchored, monetary and loan dynamics remain subdued. Economic weakness extended into spring

#Draghi says ECB stance accommodative for as long as needed, ECB to keep full fixed-rate refinancing allotment until mid-2014.

#Draghi says governments must implement structural reforms, consulting with institutions on ABS collateral.

#Draghi says labor mkt conditions remain weak, short-term indicators signal weak activity. Exports should benefit from stronger global demand

#Draghi says policy stance should support domestic demand, economy should recover gradually in second qtr. Growth risks remain to downside.

Note :

Intinya ekonomi Eropa masih dlam tahap pemulihan dan perlu langkah-langkah yang lebih untuk dapat memulihkan kembali ekonomi Eropa. Pasar tenaga kerja masih menunjukkan adanya pelemahan. Ekonomi seharusnya akan membaik pada kuartal kedua. ECB kembali menegaskan meskipun bertumbuh namun ekononi masih memiliki potensi penurunan.