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Mario Draghi Deer In Headlights Presser - Live Feed

  • DRAGHI SEES RATES AT PRESENT OR LOWER LEVEL FOR SOME TIME
  • DRAGHI SAYS DOWNSIDE RISKS HAVE INCREASED SINCE START OF YEAR
  • DEC 3 DECISIONS STRENGTHEN OUR FORWARD GUIDANCE
  • DRAGHI SAYS POLICY STANCE WILL NEED TO BE REVIEWED
  • MUST REVIEW, PERHAPS RECONSIDER MONPOL STANCE IN MARCH
  • DRAGHI: RISKS COULD WEIGH ON EXPORT DEMAND, CONFIDENCE
  • DRAGHI: RISKS RELATE TO GLOBAL ECON UNCERTAINTY, GEOPOL RISKS
  • DRAGHI: RISKS TO EMU GROWTH REMAIN ON DOWNSIDE
  • DRAGHI:ECON RECOVERY STILL DAMPENED BY WEAK EME GROWTH OUTLOOK
  • DRAGHI: RENEWED OIL PRICE DROP TO HELP HHLDS, FIRMS
  • DRAGHI:INFL OUTLOOK SIGNIFICANTLY LOWER THAN IN EARLY DECEMBER

Despite the turmoil reverberating across global markets, the ECB kept the depo rate unchanged on Thursday at -0.30%.

The focus now turns to the Draghi presser where market participants will be keen on parsing the former Goldmanite’s every word for hints at how the central bank plans to cope with the disinflationary impulse unleashed by sub-$30 crude and the ongoing “adjustment” of the Chinese economy and currency.

Will Draghi employ a bit of his trademark jawboning to pressure the EUR? Is the ECB prepared to act in March if inflation remains subdued and financial markets continue to collapse amid slumping oil and an uncertain geopolitical landscape? Will Super Mario simply freeze up like a deer in headlights now that the world is on fire? And most importantly, will there be any confetti? Watch live to find out.