ECB's Draghi: Rates to Stay Low Beyond QE Horizon

The ECB has decided to keep key interest rates unchanged, expecting them to remain at current or lower levels for an extended period. Asset purchases of €80 billion per month will continue until at least March 2017, or longer if needed, to ensure inflation aligns with targets. Following the UK referendum, euro area financial markets showed resilience despite increased uncertainty. Supportive financing conditions are aiding economic recovery and inflation growth. The ECB will closely monitor economic developments and is prepared to use all available tools to achieve its objectives.

What factors contribute to the strengthening in credit creation?

What will the Governing Council do when they have more information regarding macroeconomic conditions?