Highlights of Draghi's opening statement on June 8, 2017:

  • Purchases will go through December or longer
  • QE purchases will continue until sustained inflation
  • New information confirms a stronger economy
  • Risks to the growth outlook are now broadly balanced
  • Underlying inflation remains subdued
  • If inflation disappoints, we stand ready to add stimulus

The growth assessment was upgraded to broadly balanced. That was expected.