ECB to stay accommodative through risks – ECB’s Draghi

FXStreet (Mumbai) - The European central Bank chief Mario Draghi, while addressing questions in the EU parliament, stated that the monetary policy would stay accommodative through transitory/permanent risks to the EU economy.

Key Quotes

Premature to say if risks are permanent or transitory

Structural reforms are still needed

We can't transform a cyclical recovery into a structural one