Draghi Says Inflation Will Continue Convergence After Buying Ends

The video discusses the euro area's economic expansion, driven by domestic demand despite softer external demand and specific country and sector factors. It highlights uncertainties from geopolitical issues, protectionism, and market volatility. The need for significant monetary policy stimulus to support inflation convergence is emphasized, with the ECB's forward guidance and asset reinvestments providing necessary monetary accommodation. The Governing Council is prepared to adjust its instruments to ensure inflation aligns with its targets.

What role does significant monetary policy stimulus play in the context of inflation?

What is the Governing Council's stance on adjusting its instruments to ensure inflation targets are met?