Comments from Draghi via Bloomers
- Emerging markets pose renewed risks
- Risks to growth outlook remain to the downside
- Inflation is seen rising toward the year end on base effects
- ECB will closely monitor price developments
- ECB is ready to use all the instruments available
- Can adjust QE size, composition and duration
- Countries with high debt must be alert to rate rises
He must have been watching the euro this morning. It's now slipped to 1.1345 from 1.1362
The comments are from a statement he's given at the IMF shindig in Lima
The full statement is here
