Draghi talks China and oil
- Sees A gradual deceleration of Chinese growth
- Oil prices have been dragged down by both supply and demand factors
- Developments in China are contributing to the demand side of oil prices
- China shows it is gaining control over its policy making
- When looking at oil we look at the persistence of factor
- If oil price falls were are short term effect we would look through them
- We have to look at second round effects of oil price falls that we definitely want to take action against
Always looking
