Draghi: No Convincing Upward Underlying Inflation Trend

The video discusses the euro area's economic growth challenges, highlighting the slow implementation of structural reforms and balance sheet adjustments. It examines inflation trends, noting a significant rise in energy inflation from November to December 2016. Despite this, underlying inflation shows no strong upward trend. Looking forward, headline inflation is expected to increase due to energy price changes, while underlying inflation will rise gradually, supported by monetary policy and economic recovery.

What factors are expected to dampen economic growth in the euro area?

How did the annual HI CP inflation in the euro area change from November to December 2016?

What is expected to happen to headline inflation in the near term according to current oil futures prices?

What are the expected trends in underlying inflation over the medium term?

What role does monetary policy play in the expected rise of underlying inflation?