ECB ready to act ‘without undue delay’ – Draghi

FRANKFURT: European Central Bank (ECB) President Mario Draghi said on Friday that the ECB is ready to roll out new policy measures to ward off deflation in the euro area “without any undue delay.”

“We will use all means available to us, within our mandate, to return inflation towards our objective—and without any undue delay,” Draghi told a banking congress in Frankfurt.