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 the significance of having a unified view among the Governing Council members?

How does the exercise of counting views or majorities impact decision-making?