Pantheon Macroeconomics - Mr. Draghi's speech yesterday in Portugal, at the ECB forum on Central Banking, pushed the euro and EZ government bond yields higher. The markets' hawkish interpretation was linked to the president's comment that "The threat of deflation is gone and reflationary forces are at play."

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28 June 2017 A Difficult Balancing Act for Mr. Draghi on Growth and Inflation

By Claus Vistesen

Mr. Draghi's speech yesterday in Portugal, at the ECB forum on Central Banking, pushed the euro and EZ government bond yields higher. The markets' hawkish interpretation was linked to the president's comment that "The threat of deflation is gone and reflationary forces are at play."

Posted: 27th Jun 2017 in 'Eurozone Documents'

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