Draghi: ECB will intensify actions to boost inflation if necessary
Mario Draghi
New York - Arab Today
Mario Draghi said Friday that the European Central Bank would intensify efforts to support the eurozone economy and boost inflation toward two percent if necessary.
Speaking one day after the ECB's moves to expand stimulus fell short of market expectations, the central bank president said he was confident of returning to that target level of inflation "without undue delay" but that the ECB would do more "if that proves necessary".
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