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Thursday, September 06, 2012

ECB: Web cast for those interested

ECB

http://www.ecb.int/press/tvservices/webcast/html/webcast_120906.en.html

Note: A little slow

 DRAGHI SAYS INFLATION WILL REMAIN ABOVE 2% IN 2012, TO DROP BELOW 2% IN 2013
DRAGHI SAYS INFLATION EXPECTATIONS ARE FIRMLY ANCHORED.
ECB HAS DECIDED ON MODALITY FOR BOND PURCHASES IN SECONDARY MARKET
DRAGHI SAYS PURCHASES WILL ADDRESS DISTORTIONS IN BOND MARKETS
DRAGHI SAYS ECB WILL HAVE A FULLY EFFECTIVE BACKSTOP
DRAGHI SAYS ECB WILL ACT STRICTLY WITHIN ITS MANDATE, ECB ACTS INDEPENDENTLY, EURO IS IRREVERSIBLE
DRAGHI SAYS GOVERNMENTS MUST BE READY TO ACTIVATE EFSF, ESM
DRAGHI SAYS NEED STRICT CONDITIONALITY
DRAGHI SAYS ECB TOOK DECISION ON COLLATERAL

 ECB 2013 GDP FORECAST -0.4% TO 1.4%
ECB PREV. 2013 GDP FORECAST 0.0% TO 2%
ECB 2012 GDP FORECAST -0.6% TO -0.2%
ECB CUTS 2012 GDP FORECAST TO -0.4% FROM -0.1%
ECB 2012 INFLATION FORECAST 2.4% TO 2.6%

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