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ECB's Draghi says, there is no sense of urgency to take further action

More from Draghi:

  • Too early to declare victory on the inflation front
  • Policy measures from 2016-2019 is 1.7 pct on inflation
  • Balance of risk has improved
  • Removed sentence on all available instruments
  • Signals there is no sense of urgency to take further action
  • TLTRO to expire and no discussion about other TLTRO
  • Had the cursory discussion about removing lower in forward guidance
  • Don't anticipate that rates would have to be reduced
  • No dramatic choice to keep the reference in guidance

ECB's Draghi says risk of deflation largely disappeared

More from the press conference:   No signs yet of upward trend in underlying inflation Headline CPI to remain at levels close to 2 pct in coming
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Mexico Headline Inflation down to 0.58% in February from previous 1.7%

Mexico Headline Inflation down to 0.58% in February from previous 1.7%
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