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ECB's Coeure: Governing council is determined to act in case of adverse contingencies
17.07.2019, 07:25

ECB's Coeure: Governing council is determined to act in case of adverse contingencies

  • ECB stands ready to adjust all of its instruments as appropriate

  • Need to ensure inflation continues to move towards target

  • Underlying inflation is expected to increase over the medium term, supported by our monetary policy measures, the ongoing economic expansion and stronger wage growth.

  • Economic data, survey information points to somewhat weaker growth in Q2, Q3

  • Risks surrounding euro area growth outlook continue to be tilted to the downside

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