Draghi: Abrupt End to Bond Purchases 'Unlikely'

The transcript discusses the potential prolongation of Quantitative Easing (QE) and the effectiveness of various options. It also addresses the possibility of tapering or an abrupt end to bond purchases, which was deemed unlikely. The decision-making process involves waiting for all necessary inputs to form a unified view among Governing Council members, without counting views or majorities.

What is one of the considerations mentioned for prolonging QE?

• Increasing interest rates

• Buying beneath the depository floor

• Reducing government spending

• Increasing taxes

What was the stance on an abrupt end to bond purchases?

• It was considered likely

• It was never discussed

• It was the preferred option

• It was already implemented

Why is the decision on QE being delayed until December?

• To wait for a change in government

• To gather all necessary inputs

• To increase public support

• To implement new policies

What is the importance of gathering inputs before the QE discussion?

• To delay the decision indefinitely

• To have a well-informed discussion

• To ensure a unanimous decision

• To avoid any decision-making

What has not been established yet regarding the QE decision?

• A new policy framework

• A consensus or majority view

• A financial report

• A public announcement