Share on StockTwits

European Central Bank President Mario Draghi said the bank needed to be on its guard against a “negative spiral” of low inflation that could drag down the economy — and it could engage in large-scale bond purchases to combat that if need be. Draghi’s remarks at a conference in Sintra, Portugal, held out the prospect for action to stimulate the weak recovery at the ECB’s next governing council meeting June 5.

“Draghi Keeps Door Open For ECB Action” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.