ECB Upgrades Risk Assessment to 'Broadly Balanced'

ECB Upgrades Risk Assessment to 'Broadly Balanced'

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The ECB has decided to keep key interest rates unchanged, expecting them to remain stable for an extended period. The asset purchase program will continue at a monthly pace of €60 billion until at least December 2017, or longer if necessary, to ensure inflation aligns with targets. Economic growth in the euro area is stronger than expected, but inflation remains subdued, necessitating continued monetary accommodation. The ECB is prepared to adjust the asset purchase program if financial conditions or inflation outlooks change.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What decision did the ECB make regarding interest rates?

To keep the rates unchanged

To eliminate the rates

To increase the rates

To decrease the rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Until when are the ECB's net asset purchases intended to run?

End of December 2020

End of December 2019

End of December 2018

End of December 2017

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has the recent information confirmed about the euro area economy?

A stagnant economic momentum

A stronger economic momentum

A decline in economic momentum

A weaker economic momentum

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of underlying inflation according to the ECB?

It is decreasing

It is stable

It remains subdued

It is rapidly increasing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ECB prepared to do if the inflation outlook worsens?

Reduce monetary accommodation

Increase the asset purchase program

Decrease interest rates

Stop the asset purchase program