ECB's Draghi Says Incoming Data Weaker Than Expected

The transcript discusses the consistent expansion of the euro area economy and rising inflation pressures. It highlights the need for continued monetary policy support to ensure inflation convergence, despite uncertainties like protectionism and market volatility. The ECB will maintain support through asset purchases and interest rate guidance, ready to adjust policies to achieve inflation targets.

What role do net asset purchases play in monetary policy?

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How is the Governing Council prepared to respond to inflation trends?

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