WASHINGTON (Reuters) – The ECB will continue to do everything necessary for achieving its inflation target, which will probably still slightly negative in the coming months before back in the second half of 2016.
This is what it said in a statement from the ECB president Mario Draghi, in Washington for the work of the IMF.
Draghi also said that the economic outlook in the euro zone will have to deal with the uncertainties associated with risks to growth in emerging markets, the Outlook clouded for oil prices and geopolitical tensions.
The number one ECB also emphasizes that there is no evidence of financial bubbles created by the current ultra expansive line of the central bank.
“Since prolonged accommodative monetary policies for an extended period of time can have undesirable consequences for certain sectors in the form of excessive accumulation of risk and a misalignment of asset prices, we currently have no ample evidence of excesses in the behavior of banks and other financial institutions and evaluations of asset prices in the euro area. “
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