ECB's Draghi says sustained adjustment in the path of inflation towards our aim is condition for net asset purchases to end

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14 March 2018

ECB's Draghi says sustained adjustment in the path of inflation towards our aim is condition for net asset purchases to end

Adjustments to our policy will remain predictable, and they will proceed at a measured pace
We still need to see further evidence that inflation dynamics are moving in the right

Draghi: our communication, and rate path itself, will be calibrated to ensure that inflation continues to evolve along a trajectory that is consistent with the sustained adjustment path

ECB's Draghi says we currently see inflation converging towards our aim over the medium term, and we are more confident than in the past this convergence will come to pass

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