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ECB: Lagarde: Nothing In Draghi Report About Modifying the ECB's Mandate

ECB

Q: Are you worried about the risk of below target inflation? Could the Draghi report have an impact on the ECB’s policy/mandate?
 

A: 

  • "I will not give you an answer that is country specific as we work on a euro area basis. It is a risk that we have to be attentive to".
  • "Some of the proposals in the Draghi report touch directly on what the ECB is concerned about. The capital market union in particular is something the GC has a strong view and has issued an opinion on".
  • "The increase in productivity and competitiveness matters when it comes to the work we have to do. I did not see anything in the report about modifying the ECB’s mandate".

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