Draghi Sees Rising Risks From Protectionism, Emerging Markets, Volatility

The transcript discusses the euro area's economic expansion and gradual inflation rise, supported by the underlying economic strength. Despite uncertainties from protectionism and market volatility, significant monetary policy stimulus remains necessary. The ECB will continue asset purchases and provide guidance on interest rates to support inflation convergence. The Governing Council is prepared to adjust its instruments to ensure inflation aligns with its goals.

What does the text suggest about the current state of the euro area economy?

How does the text describe the relationship between inflation and the economy?

What uncertainties are mentioned in relation to the economy?

What role does monetary policy play according to the text?

What measures are suggested to ensure inflation moves towards the aim?