Draghi reiterating earlier comments, crossing the wires again
ECB’s Draghi:
- Eurozone inflation expectations remain firmly anchored in line with ECB target
- Reiterates ECB is ready to launch unconventional steps to deal with risks from too long a period of low inflation
- Reiterates ECB does not exclude further rate cuts and that rates will stay low for a long time
- Says will closely monitor impact on inflation from geopolitical risks, exchange rate developments
