Draghi says ECB will do what it can to raise inflation quickly

The euro slid after the remarks

20th November, 2015
The SSM chair is the first of four key appointments in the next year that will reshape the leadership of the ECB, including the presidency after Mario Draghi (pictured). Photo: Bloomberg

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...

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