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Draghi: ECB measures will hit inflation target

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Mr Draghi can point to falling yields on government debt and a slide in the euro as signs that the programme to buy 60 billion euros a month of sovereign and private-sector debt is making a mark.

Frankfurt

MARIO Draghi said that the European Central Bank's expanded asset purchases will succeed in pushing inflation in the euro area back towards its goal.

"We can deploy and we will deploy monetary policy in a way that can and will stabilise inflation in line with our

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