Mario Draghi has signalled that the European Central Bank will loosen monetary policy next month to combat persistently low inflation in the eurozone, as it left its benchmark interest rate at a record low for the sixth month in a row.
The ECB president said at his monthly press conference on Thursday that the “governing council is comfortable with acting next time”, adding there was consensus within the ECB council over “dissatisfaction about the projected path of inflation”.
The euro, which had risen close to the $1.40 on the announcement that the ECB had left its interest rates unchanged, fell to $1.389 on Mr Draghi’s remarks.
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