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12.10.2018, 08:50

ECB's Draghi: The euro area economy continues to expand in a broad-based manner, across countries and sectors, despite some moderation following its strong growth in 2017

  • Uncertainty around inflation outlook is receding

  • Economic indicators suggest that broad-based growth will continue

  • Significant monetary policy stimulus is still needed

  • Underlying inflation is expected to pick up towards the end of the year

  • And it would then increase gradually over the medium-term

  • Sees limited contagion from recent financial market volatility

  • Cliff-edge Brexit could have potential to pose a more significant downside risk to financial stability - via forexlive.

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