ECB's Draghi: inflation will return to target - ANZ

Analysts at ANZ explained that ECB’s Draghi did not deviate from the published view while speaking at the European Parliament. 

Key Quotes:

"He highlighted broader growth momentum and a view that inflation will return to target.

In saying that he did note that “Given the uncertainty surrounding the measurement of economic slack, the true amount may be larger than estimated, which could slow down the emergence of price pressures… [although that] we anticipate that headline inflation will resume its gradual upward adjustment, supported by our monetary policy measures."