Draghi stresses willingness to act as ECB cuts inflation forecasts


Mario Draghi warned eurozone inflation will "remain very low in the near term" today (September 3), as the European Central Bank (ECB) governing council kept policy on hold.

The ECB will continue to buy €60 billion ($67 billion) worth of assets each month between now and September 2016, but president Draghi stressed the programme could run "beyond, if necessary".

His comments sent the euro tumbling. It fell by 1% against the US dollar after his opening statement at today's press conference, wher

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: