Ecb president mario draghi comments in frankfurt hes speaking at a conference carrying the theme resilience to global headwinds. Webcasts of ecb press conferences the governing council takes its monetary policy decision every six weeks.
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Ms lagarde is expected to be formally appointed by the european council in october.
Ecb draghi forexlive. Draghi speaks after the ecb decision we will have all the highlights. Forexliv! e by adam button. Immediately after the meeting the president and the vice president of the ecb explain the decision at the press conference and answer questions from journalists.
The bottom was 11102 which was just below the may low of 11107. Forexlive by adam button. Live video of the monthly press conference the big questions today are how will draghi characterize the economy and will he offer any details on the tltros.
The governing council of the ecb has no objection to ecofins recommendation to appoint christine lagarde as the future ecb president. Draghi said some platitudes about martin feldstein talked about bettering the eurozone and then interested the imfs blanchard. So while there were some positives in the ecb announcement and draghi remains a superb communicator there is no case for falling in love with the euro or europe.
He didnt really touch on anything notable in particular. The next step i! s the consultation of the european parliament. The lows came b! etween the ecb statement and draghis appearance.
The euro has snapped from a two year low to the highs of the day. Draghis speech in sintra has been published qe still has considerable headroom qe limits are specific to contingencies faced by the ecb negative rates have proven to be a very important. Plenty of this has already been said during the ecb meetingpress conference at the start of this month but he does sound a bit more upbeat by mentioning the resilience of the economy and that.
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