The Latest: ECB says eurozone economy still needs support

FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local):

2:55 p.m.

European Central Bank head Mario Draghi says the eurozone economy still needs support to keep raising the rate of inflation toward healthier levels.

Draghi said Thursday that "an ample degree" of stimulus support is still needed despite an increasingly robust economic recovery.

The bank says it will continue its 30 billion euros ($36 billion) in monthly bond purchases at least until September. The purchases push newly printed money into the economy in an attempt to raise inflation toward the bank's goal of just under 2 percent; right now it is 1.4 percent annually despite continuing growth.