ECB `Will Remain Patient' on Rate-Hike Timing, Draghi Says

The video discusses the ECB's monetary policy, focusing on asset purchases, reinvestment strategies, and interest rate expectations. It highlights the flexibility of the asset purchase program, the reinvestment of maturing securities, and the forward guidance on interest rates. The ECB's readiness to adjust policy tools to ensure inflation aligns with targets is emphasized, with a patient, persistent, and prudent approach to monetary policy in the euro area.

What is the ECB's stance on adjusting their instruments to ensure inflation moves towards their medium-term aim?

How does the ECB describe its approach to monetary policy in the euro area?