Draghi's press conference: ECB had a 'rich' discussion on rates, QE

FXStreet (Łódź) - During the Q&A part of the press conference Mario Draghi remarks that there are still conventional measures at the Governing Council's disposal.

• He says that the decision to keep rates unchanged in April was not unanimous.

• There was disagreement on how recent, lower than expected inflation data should influence the medium-term outlook.

• Data releases uncertain due to late Easter holiday, which increases demand for services.

• “The longer inflation remains low the higher is the risk for inflation expectations.”

• The Governing Council will consider ways of designing QE.

• Negative interest rates were also widely discussed.