ECB `Will Remain Patient' on Rate-Hike Timing, Draghi Says

ECB `Will Remain Patient' on Rate-Hike Timing, Draghi Says

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Interactive Video

Business

University

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The video discusses the ECB's monetary policy, focusing on asset purchases, reinvestment strategies, and interest rate expectations. It highlights the flexibility of the asset purchase program, the reinvestment of maturing securities, and the forward guidance on interest rates. The ECB's readiness to adjust policy tools to ensure inflation aligns with targets is emphasized, with a patient, persistent, and prudent approach to monetary policy in the euro area.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the condition for ending the asset purchase program in December?

Confirmation of current inflation rates

Confirmation of long-term inflation outlook

Confirmation of medium-term inflation outlook

Confirmation of short-term inflation outlook

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the policy regarding principal payments from maturing securities?

They will be reinvested for a short period

They will be returned to investors

They will be used to purchase new securities

They will be reinvested for an extended period

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long are the ECB interest rates expected to remain at their current levels?

At least through the summer of 2020

At least through the winter of 2019

At least through the summer of 2019

At least through the winter of 2020

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach will be taken for adjusting policy after the first rate rise?

A delayed approach

An immediate approach

A gradual approach

A rapid approach

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ECB's medium-term inflation target?

Below 1%

Below but close to 2%

Above 3%

Exactly 2%