European Central Bank

ECB chief Mario Draghi discusses easing, the euro and politics

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European Central Bank (ECB) President Mario Draghi delivered his latest remarks at the central bank's April 2017 press conference, following the routine Governing Council meeting on monetary policy.

During the conference, Draghi weighed in on issues such as the euro zone's economic outlook and inflation, as well as outlined political risks and its impact on the financial institution's strategy.

The central bank chief echoed statements he'd made at previous meetings, saying that risks surrounding the euro area's growth outlook remained tilted towards the downside, but admitted that the economic expansion in the region had made these risks less severe.

At its April meeting, the ECB held fire on raising its benchmark interest rate, and kept its monetary policy unchanged.

Mario Draghi
ECB holds rates steady ahead of French election; Draghi says downside risks have diminished