We'll do utmost for inflation rise says Draghi (3)

'Inflation low for a long time' says ECB chief

(ANSA) - Rome, November 20 - European Central Bank President Mario Draghi said Friday that "if we decide that the current trajectory of our monetary policy is not sufficient to meet the target, we will do what we must to raise inflation as soon as possible". He said "this is what our mandate requires for price stability". Draghi has recently repeatedly vowed to adjust the money supply to avert the threat of deflation.
    The ECB president assured listeners that the central bank "will not ignore the fact that inflation has been low for a long period" and he stressed the risk that core inflation is too low for a recovery that is still struggling to fully take off.


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