27 May 2014
ECB's Draghi: Rate cuts and QE possible tools to get inflation back to target
FXStreet (Łódź) - At the final armchair session at the Forum on Central Banking organized by the ECB in Sintra, Portugal, president Mario Draghi, says that the measures which the ECB could adopt to fight low inflation include QE and rate cuts.
• Draghi comments on the new EU Parliament composition saying that it is “capable of a positive role.”
• “EU governments should concentrate more on creating growth,” Draghi emphasizes adding that some were more and some less successful in implementing reforms.
• “The ECB will do everything feasible for EU economy within mandate.”
• Draghi stresses he doesn't see deflation risks th the Eurozone, although he is aware of the threats posed by prolonged low inflation.
• Draghi comments on the new EU Parliament composition saying that it is “capable of a positive role.”
• “EU governments should concentrate more on creating growth,” Draghi emphasizes adding that some were more and some less successful in implementing reforms.
• “The ECB will do everything feasible for EU economy within mandate.”
• Draghi stresses he doesn't see deflation risks th the Eurozone, although he is aware of the threats posed by prolonged low inflation.