Investing.com - The European Central Bank will not hesitate to act in March if financial market turmoil or low energy costs impact inflation expectations, President Mario Draghi said on Monday
Draghi said the ECB will examine the effects of tumbling energy prices on inflation and look at how recent market turbulence has impacted the financial system
If either of these two factors entail downward risks to price stability the ECB will not hesitate to act, he said
At the bank's last meeting Draghi said the ECB would review its policy measures in March, sooner than many investors had been expecting.