ECB will 'do what we must' to lift inflation: Draghi

ECB chief Mario Draghi said today the bank will "do what we must" to lift inflation as quickly as possible, in a new sign it could boost its anti-deflation defences.

"If we decide that the current trajectory of our policy is not sufficient to achieve that objective, we will do what we must to raise inflation as quickly as possible. That is what our price stability mandate requires of us," Draghi told a European banking congress in Frankfurt.