Draghi Says Protectionism Is Main Risk to Economy

President Draghi's testimony aligned with the ECB's recent policy decisions, indicating the end of asset purchases by year-end and maintaining low interest rates through next summer. He expressed confidence in inflation trends moving towards the ECB's target. Trade tensions are a concern for the ECB, potentially affecting growth and inflation. The ECB Council is united in its current strategy, balancing conservative and easing preferences.

What did President Draghi indicate about the ECB's asset purchases?

• They will continue indefinitely.

• They will be reduced by half.

• They will end at the end of the year.

• They will increase significantly.

What is the ECB's stance on interest rates through next summer?

• They will remain unchanged.

• They will be increased.

• They will be abolished.

• They will be decreased.

How does the ECB view the impact of trade tensions on inflation?

• The impact is negligible.

• The impact is uncertain.

• The impact is very clear.

• There is no impact.

What is the ECB's concern regarding trade measures?

• They might push up inflation rates.

• They will decrease inflation rates.

• They will have no effect on inflation.

• They will boost economic growth.

What is the level of agreement within the ECB Council on Draghi's strategy?

• There is significant disagreement.

• The Council is very united.

• There is no consensus.

• The Council is divided.