As Euro Zone suffered from deflation ,there is no way to rise inflation due to droping energy prices globally due to stronger doller rallies and high capacity energy reservation facailities in europe can rise energy prices for years risk appitte to rise excahge rates. Draghi has indicated that they are prepared to do whatever it takes to lift inflation to their target, almost as a matter of emergency. Analysts at BBH explained that Draghi's comments hold out the possibility that the ECB will announce an increase in the range of assets at the next meeting, at which the staff macro forecasts are likely to be cut again.
