Draghi stresses 'willingness to act' as ECB cuts inflation forecasts

ECB president stresses QE could run beyond September 2016

Mario Draghi

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

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 the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets 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: