Minutesof theFed'smeetingreleasedyesterdayshowed thatpolicymakers were dividedonwhetheradditionalmonetarystimuluswill be neededif the outlook foreconomicgrowthremains weak.
Meanwhile, monetarypolicyremains accomodative but has little chance of making a significant impact on housing, including the latest move by the Federal Reserve.
Here, Mr Draghi was very clear that "monetary policyremains independent": conditions one and two are necessary for the ECB to act, but there's no guarantee that it will.