Reuters logo
TEXT - ECB President Draghi's statement on QE programme
January 22, 2015 / 1:56 PM / 3 years ago

TEXT - ECB President Draghi's statement on QE programme

Jan 22 (Reuters) - European Central Bank President Mario Draghi made the following statement on the bank’s new bond-buying programme at his press conference in Frankfurt on Thursday.

(For full highlights, click )

”(The council) decided to launch an expanded asset purchase programme encompassing the existing purchase programmes for asset-backed securities and covered bonds.

”Under this expanded programme the combined monthly purchases of public and private-sector securities will amount to 60 billion euros.

They are intended to be carried out until end-September 2016 and will in any case be conducted until we see a sustained adjustment in the path of inflation which is consistent with our aim of achieving inflation rates below but close to 2 percent over the medium term.” (Compiled by London Editing Desk)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below