Carlomaria Grassi ||| ECB’s Mario Draghi Hints at More Stimulus in March - WSJ

… Investors reacted
positively to Mr. Draghi’s comments Thursday, with eurozone equity markets moving higher in anticipation of further stimulus
from the central bank. The euro fell against the U.S. dollar while government
bond prices rose, another sign that investors expected Mr. Draghi to deliver
fresh measures in March. Speaking in a news conference, Mr. Draghi said the
stimulus measures undertaken by the central bank since June 2014 -and topped up most recently in December - had
“strengthened the euro area’s resilience to recent, global economic shocks.” ...
The ECB’s economists had expected the inflation rate to pick up from the 0.2%
recorded in December and average 1% this year, rising further in 2017. But Mr.
Draghi said oil prices are now 40% lower than when those forecasts were made,
and it is now possible that broader consumer prices will start to fall again
over coming months ...  ECB’s Mario Draghi Hints at More Stimulus in March - WSJ