Draghi reasserts ECB’s willingness to act

Says no limit to how far ECB is willing to deploy instruments within mandate

mario-draghi
ECB president Mario Draghi

The European Central Bank (ECB) will "secure the return to 2% inflation without undue delay" according to its president, Mario Draghi, who reasserted the ECB's willingness to act after markets were left disappointed by the governing council's easing package last week.

Draghi, on December 4, told an audience at the Economic Club of New York the ECB was "ready at any time to adjust" the range of tools it has deployed. The day before the council voted to extend the ECB's asset purchase programme

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