European Central Bank President Mario Draghi: The key is to avoid the secondary effects of inflation

European Central Bank President Mario Draghi: The key is to avoid the secondary effects of inflation

European Central Bank President Mario Draghi, issued a statement on Friday to the International Monetary and Financial Committee (International Monetary and Financial Committee), that “under the present circumstances, the ECB is concerned, the key is to ensure low inflation environment will not result in the development of second-round effects on wages and prices. ”

Draghi noted that the euro zone economy is sustained over a gradual recovery track, but the euro-zone economic growth outlook is still facing uncertainty, downside risks mainly due to the growth prospects of emerging market economies, accompanied by oil prices and prospects of economic impact is unknown , and geopolitical risks.

Draghi stressed that “Our monetary policy will continue to focus on maintaining price stability.” ECB’s next policy meeting will be held April 21