ECB could hit inflation target by late 2018, early 2019 -Draghi
Euro zone inflation could approach the ECB's target by late 2018 or early 2019 and so far there is no evidence that super-easy monetary policy is leading to asset price bubbles, European Central Bank President Mario Draghi said on Saturday.
Speaking at the International Monetary Fund's annual meeting, Draghi added that he also saw no evidence that low inflation has become embedded in wage setting, a big fear for policymakers as low wage growth could perpetuate low inflation.
"By year end or the first months of next year, (inflation) should pick up and move towards 1 percent, and later... read more
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