Draghi Says QE Will Stay at Same Pace Through December

Draghi Says QE Will Stay at Same Pace Through December

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Business

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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.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

For how long does the ECB expect to keep the interest rates unchanged?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the monthly pace of net asset purchases mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Until when are the net asset purchases intended to run?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What condition must be met for the Governing Council to adjust its monetary policy?

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