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Draghi speech: Uncertainty around inflation outlook is receding

Mario Draghi, President of the ECB, is delivering his remarks on the bank's monetary policy decision in a press conference with key quotes found below.

  • Uncertainty around inflation outlook is receding.
  • Underlying inflation to pick up toward the end of the year.
  • Underlying inflation to rise gradually in the medium term.
  • Implementation of structural reforms in euro area countries needs to be substantially stepped up.
  • We need to rebuild fiscal buffers particularly in countries with high government debt.

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