ECB’s Draghi – will not surrender to low inflation

FXStreet (Mumbai) - The European Central Bank (ECB) President Draghi, during his speech in Germany, assured markets the bank will not surrender to low inflation even though it may be the result of global factors.

Key Points

Risks of acting too late outweigh risks of acting too early

No doubt that if we needed to adopt a more expansionary policy the risk of side effects would not stand in our way