ECB President Mario Draghi Press Conference; Seeing cyclical recovering gaining momentum;
- Non-Standard measures- Will continue to make purchases at the current monthly pace of EUR 80 bln; April and beyond will be EUR 60 bln as previously announced; will continue until inflation objectives met.
- Seeing a pass through on the credit creation; supports firm recovery in European economy.
- Seeing cyclical recovering gaining momentum;
- Headline inflation has increased largely due to energy and food; underlying remains subdued.