Draghi says ECB will do what it can to raise inflation quickly
The euro slid after the remarks
The European Central Bank (ECB) will do what’s necessary to ensure that inflation returns rapidly toward the goal of just under two per cent, President Mario Draghi said.
“If we decide that the current trajectory of our policy is not sufficient to achieve that objective, we will do what we must to raise inflation as quickly as possible,” Draghi said in a speech in Frankfurt .
“In making our assessment of the...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Analysis: Lockdown fatigue grows but majority do not want to ease restrictions
Some 85 per cent of the public say current response to Covid-19 is either appropriate or does not go far enough
Comment: How the FAI could have avoided the lasting damage of Videogate
In any potential crisis, speed, sincerity, and ownership of the facts are all key, yet another important element is ensuring the tone of the response is proportionate
Latest lockdown news is deflating for everyone, but there is an end in sight
People are frustrated by the continuing level 5 restrictions and fear of another lost summer, but the vaccine rollout is gathering pace
Colin Murphy: In law, we are closer to house arrest than a 5km limit
Covid-19 restrictions say you should not leave home at all ‘without reasonable excuse’ – a rule that‘s broader than it need be, is widely misunderstood and of dubious effectiveness