President Mario Draghi has said the ECB is prepared to intervene if risks to inflation increase or financing conditions tighten

The European Central Bank is likely to keep the door open for more monetary stimulus but stop short of taking new policy steps at a meeting on Thursda(...)

Mario Draghi, president of the European Central Bank (ECB), pauses during a news conference at the bank’s headquarters in Frankfurt, Germany. Photograph: Ralph Orlowski/Bloomberg

European Central Bank president Mario Draghi said today the bank will take action if the outlook for inflation worsens or money-market turbulence resu(...)

Graffiti depicting European Central Bank (ECB) president Mario Draghi and German chancellor Angela Merkel is seen on a fence surrounding the construction site for the new ECB headquarters in Frankfurt. The ECB held interest rates at 0.5 per cent today. Photograph:  Ralph Orlowski/Reuters.

The European Central Bank will keep interest rates at record lows for an extended period and could yet cut them further, the bank’s chief, Mario Dragh(...)