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Draghi speech: Private consumption is supported by ongoing employment gains

Mario Draghi, President of the ECB, is delivering his remarks on the bank's monetary policy decision in a press conference with key quotes, via Reuters, found below.

  • Latest economic indicators are weaker but remain consistent with ongoing economic growth.
  • Private consumption is supported by ongoing employment gains.
  • Moderation of growth includes temporary factors, weaker external trade, uncertainty.
  • The broad-based expansion in global demand is expected to continue.
  • The risks remain broadly balanced.
  • Market volatility warrants monitoring.

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