European Central Bank President Mario Draghi hit back Thursday at reports of dissent among its governing body, and hinted at the possibility of further aggressive stimulus measures.
"It is fairly normal to disagree about things," Draghi said at his regular press conference on Thursday after the bank decided to keep interest rates at their record lows.
The president had been the subject of speculation that members of the ECB Governing Council were planning to challenge him over his management and communication style. However, Draghi went to great lengths to stress that the regular pre-council meeting dinner was cordial, describing it as "one of the best we have had".
As well as quashing rumors of dissent, Draghi added that council members were unified in their desire to instigating more stimulus programs if needed.
"Should it become necessary to further address risks of too prolonged a period of low inflation, the Governing Council is unanimous in its commitment to using additional unconventional instruments within its mandate," Draghi said.
"The Governing Council has tasked ECB staff and the relevant euro system committees with ensuring the timely preparation of further measures to be implemented, if needed."