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ECB: Mario Draghi's speech Live Coverage - 8:30 est

fxstreet.com  ( Original )
JUN 8, 2017

Today’s meeting has grow in importance amidst increasing market chatter regarding the possibility that the ECB could shift to a more hawkish tone in its statement, all backed by the incipient recovery in the region despite inflation pressures still remain subdued.

However, this idea seems to have run out of steam after news on Wednesday cited the ECB could revise lower its inflation forecasts for 2019 and in light of May’s lower-than-expected consumer prices.