Highlights from Draghi will update below:

Draghi oct 2
  • Underlying price pressures are expected to remain subdued
  • Confidence indicators confirm gradual improvement in economy
  • Our monetary policy stance will remain accommodative for as long as necessary
  • We will remain particularly attentive to money market developments
  • Unusually averse weather affected some markets
  • Survey based indicators have improved from low levels
  • Output is expected to recover at a slow pace
  • Unemployment remains high