Mario Draghi is celebrating the LTROs’ success, but certainly isn’t celebrating other things. He says it’s premature to talk about an exit strategy. And, he actually waits for inflation to fall by its own. The rate was left unchanged at 1% once again.
Nevertheless, the president of the ECB will likely discuss the economic situation, which isn’t too good. Live blog of the press conference.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/ecb-press-conference-live-blog-7/"]Draghi: Talk of Exit Strategy Premature – EUR/USD Deepens Falls[/URL][/I][/B]
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