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Draghi: ECB policy to remain accommodative
Posted to: Around The Web
Thursday, March 07, 2013 3:45 AM

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FRANKFURT (MarketWatch) -- European Central Bank President Mario Draghi on Thursday reiterated that monetary policy will remain "accommodative" against a backdrop of "firmly anchored" inflation expectations. Draghi said data continue to suggest the euro-zone economy should stabilize in the first half, with activity set to pick up later in 2013. "So far, the tone of the ECB press conference doesn't sound more dovish than in early February," said Annalisa Piazza, economist at Newedge in London.

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