Draghi on Downside Risks, Inflation, Policy: Opening Statement

The ECB decided to keep interest rates unchanged, expecting them to remain stable through summer 2019. The asset purchase program will end in December 2018, but reinvestments will continue to maintain liquidity. Despite weaker external demand, domestic demand supports euro area growth. Inflation is expected to converge to the ECB's target, though risks from geopolitical factors and market volatility persist. The ECB emphasizes the need for structural reforms and fiscal discipline to enhance economic resilience.

What are the risks associated with the euro area growth outlook?

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What are the expected trends in underlying inflation over the medium term?

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What is the role of structural reforms in enhancing the euro area's economic resilience?

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How is the ECB addressing the need for fiscal policies in the euro area?

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