Wednesday, April 4, 2012

Mario Draghi - Upside inflation risks seen prevailing in 2012

Mario Draghi - Upside inflation risks seen prevailing in 2012

According to Mario Draghi, the region would undergo a moderate recovery over the course of the year, while inflation in the bloc would remain above 2% for the rest of the year. However, Draghi claims that ECB possesses all the necessary tools to tackle potential inflation risks. He expects the inflation to fall back below 2% in 2013 and to remain in line with price stability. Read more