The President of the European Central Bank (ECB), Mario Draghi, preferred to remain tight-lipped on the next moves by his institution to stave off the risk of deflation when the ECB's Governing Council meets on 6 March. Annual inflation in the eurozone was 0.8% in February, according to Eurostat, well below the ECB's target of just below 2%. ?We still view the medium to longer term inflation expectations anchored below but close to 2%,? he said.
During the last 'monetary…