(ANSA) - Frankfurt, February 4 - There are forces in the
global economy that are "conspiring" to hold down inflation,
President of the European Central Bank (ECB) Mario Draghi said
Thursday.
"Those forces might cause inflation to return more slowly
to our objective," Draghi added.
However, "there is no reason why they should lead to a
permanently lower inflation rate," he continued.
Forces influencing the inflation rate include demographic
change, aging populations, the long-term cycle in commodity
prices and technological change including e-commerce, the ECB
chief said.
Draghi sees 'conspiring' forces
'No reason why situation should be permanent,' ECB chief says