2014-05-27reuters.com

``To guard against a drop in price expectations, "more pre-emptive action may be warranted", he said in a speech entitled "Monetary policy in a prolonged period of low inflation". Draghi's comments reinforced suggestions from other ECB policymakers that the bank is ready to act at its June 5 policy meeting to counter low inflation and weak lending in the 18-country euro zone.''



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