6 According to Bank Lending Survey data. 7 Altavilla C., M. Boucinha and J.-L. Peydró (2017), “Monetary Policy and Bank Profitability in aLow Interest Rate  Environment”, forthcoming. 8 See Draghi, M. (2017), “Accompanying the economic recovery”, speech at the ECB Forum on Central Banking,  Sintra, 27 June 2017. 9 ECB (2015), “Effects of E-Commerce on Inflation”, Box 6, Economic Bulletin Issue 2.
10 ECB (2017), “Domestic and global drivers of inflation in the euro area”, Economic Bulletin, Issue 4. 11 Nickel, C. (2017), “The role of foreign slack in domestic inflation in the Eurozone”, VoxEu, 28 July. 5/5  BIS central bankers' speeches