1  See for instance ‘Understanding global inflation synchronization’, in Inflation in emerging and developing economies: evolution, drivers and policies, The World Bank, 2019, pp 93−141. 2 These topics are discussed, among others, in L Rachel and T D Smith, ‘Secular drivers of the global interest rate’, Bank of England Working Paper No. 571, December 2015.
Mario Draghi: ECB press conference – introductory statement Introductory statement by Mr Mario Draghi, President of the European Central Bank, and Mr Vítor Constâncio, Vice-President of the European Central Bank, Frankfurt am Main, 3 September 2015. *  *  *  Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference.