The global economy is threatened by continuing weaknesses in the U.S. economy and rising energy and raw materials prices, European Central Bank Governing Council member Mario Draghi said on Saturday.
Draghi told a Bank of Italy meeting that ECB policy remained "firmly focused on the objective of price stability".
"The greatest threat to the world economy now comes from the build-up of inflationary pressures and the possible worsening of the American slowdown," Draghi, who is also Bank of Italy governor, said in his address to the bank.
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