• Bloomberg


Mario Draghi said risks to the euro-area economy have diminished further, even as he stuck to his line that core inflation continues to fall short of the European Central Bank’s comfort zone.

“The risks surrounding the euro area growth outlook, while moving towards a more balanced configuration, are still tilted to the downside,” the ECB president said in Frankfurt on Thursday, after the Governing Council agreed to keep policy unchanged, as expected by economists. “Underlying inflation pressures continue to remain subdued and have yet to show a convincing upward trend.”

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.