ECB Upgrades Risk Assessment to 'Broadly Balanced'

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.

What is the current key ECB interest rate policy as mentioned in the text?

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What is the intended duration for the net asset purchases mentioned in the text?

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What is the projected growth outlook for the euro area economy according to the text?

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How does the text describe the current state of inflation in relation to the economic expansion?

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What are the conditions under which the ECB might increase its asset purchase program?

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