Draghi Says QE Will Stay at Same Pace Through December

Draghi Says QE Will Stay at Same Pace Through December

Assessment

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Business

University

Hard

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The ECB has decided to keep its key interest rates unchanged, expecting them to remain at current levels for an extended period. The net asset purchases will continue at a monthly pace of €60 billion until at least December 2017, or longer if needed, until inflation aligns with the ECB's target. The Governing Council will monitor inflation adjustments to ensure they are consistent with their aims.

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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 the key interest rates?

To increase them

To decrease them

To eliminate them

To keep them unchanged

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For how long does the ECB expect the interest rates to remain at their current levels?

For a short period

For an extended period

Indefinitely

Until the next quarter

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the monthly pace of the ECB's net asset purchases?

€60 billion

€90 billion

€120 billion

€30 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

End of September 2017

End of March 2018

End of June 2017

End of December 2017

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What condition must be met for the ECB to continue its asset purchases?

A decrease in inflation

A sustained adjustment in inflation

An increase in interest rates

A change in the currency value