'We aren't where we want to be yet,' ECB's Draghi says, leaving policy unchanged
European Central Bank policymakers were unanimous in choosing not to change their guidance for monetary policy and not to set a date for discussing changes to its stimulus programme, ECB President Mario Draghi said on Thursday.
He also said that inflation, the target of much of the stimulus, was not where the ECB wanted it to be.
"We need to be persistent and patient because we aren`t there yet," he told a news conference.
"We also were unanimous in communicating no change to the forward guidance and also we were unanimous in setting no precise date for when to discuss changes in the future -- in other words, we simply said that our discussions should take place in ... the autumn."
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.