Draghi: If inflation drop continues, risks for price stability would increase and governing council would need to use all available tools

• Drop in European inflation due to temporary factors such as Ukraine and energy • Most effects depressing inflation are temporary • New ECB lending programs to banks will be ineffective in helping economy without govt structural reforms Draghi is dovish on the headline but he’s brushing off the …

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Draghi: If inflation drop continues, risks for price stability would increase and governing council would need to use all available tools