ECB’s Draghi: Eurozone inflation expectations remain firmly anchored in line with ECB target

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