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Draghi Says More Stimulus Needed If Outlook Doesn't Improve
Tuesday, 18 June 2019 15:17 WIB | FISCAL & MONETARY |DraghiMario Draghi

ECB President Mario Draghi says risk outlook œremains tilted to the downside, and more stimulus will be needed if the outlook doesn™t improve.

Says interest-rate cuts and more QE are part of its arsenal. ECB has headroom for more asset purchases.

œThe prolongation of risks has weighed on exports and in particular on manufacturing. In the absence of improvement, such that the sustained return of inflation to our aim is threatened, additional stimulus will be required

Also says ECB is able to enhance forward guidance by œadjusting its bias and its conditionality to account for variations in the adjustment path of inflation

Source : Bloomberg

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